Staff Writer
BHP Group Limited has reported higher earnings and revenue for the half year ended 31 December 2025 and increased its interim dividend.
In results released on 17 February, the company said earnings attributable to ordinary shareholders rose to US$5.64 billion, up from US$4.42 billion in the same period in 2024.
Headline earnings increased to US$5.69 billion from US$4.38 billion a year earlier.
Headline earnings per share rose by 30% to 112.0 US cents, from 86.3 US cents in the previous comparable period.
Basic earnings per share increased by 28% to 111.1 US cents, while diluted headline earnings per share stood at 111.8 US cents.
Revenue for the six months reached US$27.9 billion. This is an increase of US$2.7 billion, or 11%, from the US$25.2 billion recorded in the prior corresponding half year.
The board declared an interim dividend of 73 US cents per share, up from 50 US cents in the prior period. This represents a 46% increase.
BHP chief executive officer Mike Henry said the company remains focused on its strategy.
“We continue to prosecute our strategy of operational excellence, distinctive social value creation and growth in copper and potash. We have achieved ~30% growth in copper production in the last four years, positioning us ahead of the strengthening copper market that we had anticipated,” he said.
BHP is the world’s largest copper producer. The company reported strong performance at Escondida and solid contributions from operations in Chile and South Australia.
Henry said BHP has four growth options in Chile, Argentina, Arizona and South Australia.
“Looking ahead we expect circa 3% global economic growth in the 2026 calendar year. China’s economy is resilient after meeting its around 5% target last year. India continues to outperform. We are optimistic that the economic backdrop is supportive for our key commodities. Against a structurally higher cost environment, these conditions reinforce the importance of productivity and cost discipline and play to the strengths of BHP’s low-cost, diversified portfolio,” he said.
Caption
BHP is the world’s largest copper producer.
- Photo: Contributed
