BHP FY profits sink to five-year low.

Mining giant BHP said on Tuesday that full-year profits had fallen to a five-year low, with sluggish demand from China weighing on iron ore prices.

BHP Group Limited NPV (DI)
19 August 2025 07:38:31

Source: Sharecast

BHP posted a 26% drop in underlying profits to $10.16bn, below consensus estimates of $10.22bn and the lowest since 2020's Covid-impacted trading year, while revenues dropped 8% to $51.26bn due to the impact of lower iron ore prices and weakness in steelmaking coal markets.

BHP also paid its lowest dividend in eight years, although its final dividend of $0.60 per share, down from $0.74 a year earlier, was higher than anticipated, reflecting lower debt and the disposal of non-core assets in Brazil.

The FTSE 100-listed group stated copper production helped offset weakness in other commodities, making up 45% of the company's underlying earnings. On the other hand, average realised prices for iron ore fell 19%.

BHP also raised its net debt target range to $10bn-20bn, up from between $5bn and $15bn, stating the decision follows technical analysis.

Reporting by Iain Gilbert at Sharecast.com

N/A

ISIN: N/A

Exchange: N/A

Sell:

N/A

Buy:

N/A

Change:

Date:

Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.