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30 Jul
09:37

BlueScope expects record second-half earnings

Australian steel producer BlueScope expects preliminary unaudited underlying earnings before interest and tax (Ebit) for the financial year ending 30 June (FY21) to be approximately AUD 1.72 billion ($1.27 billion). The record underlying earnings in the second half of FY21 are expected to be AUD 1.19 billion, compared to prior guidance of AUD 1-1.08 billion, Kallanish notes from the firm’s announcement on 27 July. Both results are subject to finalisation, ne…
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