BHP released its half year results on 15 February 2022 at 8.30am (Melbourne time). Mike Henry, Chief Executive Officer, and David Lamont, Chief Financial Officer, reviewed the Company’s operating and financial performance.
BHP Chief Executive Officer, Mike Henry:
“BHP had a strong first half. We achieved our third consecutive fatality free calendar year. We mitigated the impacts of COVID-19 and significant adverse weather events to turn in a solid operational performance, particularly from our flagship Western Australian Iron Ore business.
We have announced an interim dividend of US$1.50 per share, bringing total shareholder returns to more than US$22 billion over the past 18 months.
Our record interim dividend was supported by our reliable operating performance and continued strong markets for a number of our products.
We have made strong progress on the execution of our strategy. We unified the BHP corporate structure with strong support from shareholders, we announced and advanced the proposed merger of our petroleum business with Woodside, we progressed our divestments of certain coal assets and we announced the final investment decision for our Jansen Stage 1 potash project. We have also secured further growth options in future facing commodities.
BHP is well positioned for the future. We are building on our strong foundations and capital discipline to reshape our business and grow long-term value for shareholders and other stakeholders.”
