Fortescue Posts Higher Fiscal H1 Earnings, Revenue; Reaffirms Fiscal 2026 Outlook

MT Newswires Live

Feb 25

Fortescue (ASX:FMG) reported Wednesday fiscal first-half earnings of $0.621 per share, up from $0.504 a year earlier.

Analysts polled by FactSet expected earnings of $0.62.

Operating revenue for the six months ended Dec. 31, 2025, was $8.44 billion, compared with $7.64 billion a year earlier. Analysts surveyed by FactSet expected $8.34 billion.

The company reaffirmed its fiscal 2026 guidance, projecting iron ore shipments of 195 million to 205 million tonnes, with capital expenditure of $3.3 billion to $4 billion for Fortescue Metals and around $300 million for Fortescue Energy.

The board declared an interim dividend of AU$0.62 per share, up from AU$0.50 a year earlier, payable March 30 to shareholders on record as of March 3.

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