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BlueScope Steel Surges 81% in EBIT, Rejects $30 Takeover Bid

7:42am on Monday 16th of February, 2026 AEDT Materials
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BlueScope Steel Surges 81% in EBIT, Rejects $30 Takeover Bid

7:42am on Monday 16th of February, 2026 AEDT
Key Points
  • Sales revenue up 4% to $8.224 billion
  • Underlying EBIT rises 81% to $557.5 million
  • 117% increase in underlying NPAT to $382 million
  • Shareholder returns planned at $3.00 per share for 2026
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