BSL 8.25% $10.36 bluescope steel limited

News: BSL Bluescope Steel Posts HY Underlying NPAT $199.6 Mln

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    Feb 24 (Reuters) - BlueScope Steel Ltd (BSL) :

    • HY UNDERLYING NPAT $ 199.6 MILLION VERSUS $613.5 MILLION
    • H1 REPORTED NPAT $185.8 MILLION VERSUS $624.3 MILLION
    • HY SALES REVENUE FROM CONTINUING OPERATIONS $5,861.0 MILLION VERSUS $6,398.1 MILLION
    • INTERIM ORDINARY DIVIDEND 6.0 CPS
    • FOR 2H FY2020 COMPANY EXPECTS SIMILAR UNDERLYING EBIT TO 1H FY2020
    • ECONOMIC IMPACT OF COVID-19 HAS CREATED UNCERTAINTY FOR ITS ASIAN BUSINESSES AND ASIAN STEEL SPREADS IN NEAR TERM
    • GROUP'S CHINA BUSINESSES ARE ALL NOW OPERATIONAL, WITH EXCEPTION OF OUR HUBEI SALES OFFICE
    • MOST EMPLOYEES NOW RETURNED TO WORK SAFELY & NO CASES OF COVID-19 REPORTED WITHIN BLUESCOPE CHINA
    • BLUESCOPE STEEL - OUTSIDE OF CHINA, AWARE OF SOME IMPACTS TO SUPPLY CHAINS WHICH, TO DATE, HAVE BEEN MITIGATED
    • FEBRUARY AND MARCH BUSINESS PERFORMANCE WILL BE HEAVILY IMPACTED DUE TO COVID-19 IMPACT
    • BLUESCOPE STEEL ANNOUNCES EXTENSION OF ON-MARKET BUY-BACK, TO BUY UP TO $100 MILLION DURING 2H FY2020

    BSL)

    (([email protected];))

 
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