BHP Billiton reported strong FY18 results – on the back of the continuation of healthy price tailwinds and operational normalisation (at Escondida). While these improvements were largely in line with most large-cap peers, BHP is still faced with the uncertainties over Samarco and a material exposure to fossils (c.22% of gross assets) – even after the US shale asset disposal.
13 Sep 2018
Strong full-year results, though (some) apprehensions remain
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Strong full-year results, though (some) apprehensions remain
BHP Group Ltd (BHP:LON) | 2,344 351.7 0.6% | Mkt Cap: 118,837m
- Published:
13 Sep 2018 -
Author:
Varun Sikka -
Pages:
5
BHP Billiton reported strong FY18 results – on the back of the continuation of healthy price tailwinds and operational normalisation (at Escondida). While these improvements were largely in line with most large-cap peers, BHP is still faced with the uncertainties over Samarco and a material exposure to fossils (c.22% of gross assets) – even after the US shale asset disposal.