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BlueScope Posts $309M EBIT Amid Spread Challenges, Eyes $500M Growth by 2030
8:12am on Monday 17th of February, 2025 AEDT
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Steel Manufacturing
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BlueScope Posts $309M EBIT Amid Spread Challenges, Eyes $500M Growth by 2030
8:12am on Monday 17th of February, 2025 AEDT
Key Points
1H FY2025 underlying EBIT of $309 million with 8.1% ROIC despite weak spreads
Declared 30 cents per share fully franked interim dividend and extended buy-back program
Launched $200 million cost and productivity initiatives targeting FY2026 delivery
Aiming for $500 million incremental EBIT by 2030 via growth projects including North Star debottlenecking
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Bluescope Steel (ASX:BSL)
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