BRIEF-Fortescue Posts H1 Net Income USD 1,900 Million

Reuters
5 hours ago
BRIEF-Fortescue Posts H1 Net Income USD 1,900 Million

Feb 25 (Reuters) - Fortescue Ltd FMG.AX:

  • H1 NET INCOME USD 1,900 MILLION VERSUS. IBES ESTIMATE USD 1,847 MILLION

  • H1 REVENUE USD 8,400 MILLION VERSUS. IBES ESTIMATE USD 8,276 MILLION

  • GUIDANCE FOR FY26 SHIPMENTS, C1 UNIT COST AND CAPITAL EXPENDITURE REMAINS UNCHANGED

  • INTERIM DIVIDEND REPRESENTS A PAYOUT OF 65 PER CENT OF H1 FY26 NPAT

  • INTERIM DIVIDEND A$0.62 PER SHARE

  • EXPECT TO FINALISE SHORTLY ACQUISITION OF ALTA COPPER

Further company coverage: FMG.AX

((Reuters.Briefs@thomsonreuters.com;))

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