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Half Year 2025 Report and Accounts
BHP Group Limited
BHP Group Limited ABN 49 004 028 077
Registered in Australia
Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000
Share code: BHG
ISIN: AU000000BHP4
18 February 2025
Results for announcement to the market and dividend determination
Name of Company: BHP Group Limited (ABN 49 004 028 077)
Report for the half year ended 31 December 2024
This statement includes the consolidated results of BHP for the half year ended
31 December 2024 compared with the half year ended 31 December 2023 and the year
ended 30 June 2024.
The results are prepared in accordance with IFRS and are presented in US
dollars.
Headline Earnings
In accordance with the JSE Listing Requirements, Headline earnings is presented
below.
Half year ended Half year ended Year ended
31 December 2024 31 December 2023 30 June 2024
US$M US$M US$M
---------------- ---------------- ------------
Earnings attributable to ordinary shareholders/1/.................... 4,416 927 7,897
Adjusted for:
(Gain)/loss on sales of PP&E, intangibles and Investments............ (5) (37) (29)
Net (reversal of impairment) / impairment of property, plant and
equipment and intangibles.......................................... (56) 3,530 3,905
Loss/(gain) on disposal of subsidiaries and operations............... 2 -- (915)
Tax effect of above adjustments...................................... 18 (1,023) (928)
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Subtotal of Adjustments.............................................. (41) 2,470 2,033
Headline earnings.................................................... 4,375 3,397 9,930
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Diluted Headline earnings............................................ 4,375 3,397 9,930
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Basic earnings per share denominator (millions)...................... 5,072 5,067 5,068
Diluted earnings per share denominator (millions).................... 5,083 5,078 5,077
Headline earnings per share (US cents)............................... 86.3 67.0 195.9
Diluted Headline earnings per share (US cents)....................... 86.1 66.9 195.6
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Variance
31-Dec-24 31-Dec-23 Variance %
---------- ---------- --------- ----------
Revenue (US$M)................................................ 25,176 27,232 (2,056) (8)
Basic earnings per share (US cents)........................... 87.1 18.3 68.8 376
Headline earnings per share (US cents)........................ 86.3 67.0 19.3 29
Dividends declared (interim) (US cents)....................... 50 72 (22) (31)
Dividend
The BHP Board today determined to pay an interim dividend of 50 US cents per
share. The interim dividend to be paid by BHP Group Limited will be fully
franked for Australian taxation purposes.
BHP's Dividend Reinvestment Plan (DRP) will operate in respect of the interim
dividend. Full terms and conditions of the DRP and details about how to
participate can be found at: bhp.com
Events in respect of the interim dividend Date
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Results Announcement and Dividend Determination............................................................ 18 February 2025
Announcement of currency conversion into RAND.............................................................. 25 February 2025
Last day to trade cum dividend on Johannesburg Stock Exchange (JSE)........................................ 4 March 2025
Ex-dividend Date JSE....................................................................................... 5 March 2025
Ex-dividend Date Australian Securities Exchange (ASX) and London Stock Exchange (LSE)...................... 6 March 2025
Ex-dividend Date New York Stock Exchange (NYSE)............................................................ 7 March 2025
Record Date................................................................................................ 7 March 2025
DRP and Currency Election date (including announcement of currency conversion for ASX and LSE)............. 11 March 2025/1/
Payment Date............................................................................................... 27 March 2025
DRP Allocation Date/2/..................................................................................... 10 April 2025
/1/ The deadline for DRP and currency elections is 5:00pm AEDT on this date.
/2/ Allocation dates may vary between registers but all allocations will be
completed on or before 10 April 2025
Shareholders registered on the South African branch register will not be able
to dematerialise or rematerialise their shareholdings between the dates of
4 March 2025 and 7 March 2025 (inclusive), and transfers between the Australian
register and the South African branch register will not be permitted between
the dates of 25 February 2025 and 7 March 2025 (inclusive). American Depositary
Shares (ADSs) each represent two fully paid ordinary shares and receive
dividends accordingly. Details of the currency exchange rates applicable for
the dividend will be announced to the relevant stock exchanges following
conversion and will appear on the Company's website.
Any eligible shareholder who wishes to participate in the DRP, or to vary a
participation election should do so before 5.00 p.m. (AEDT) on 11 March 2025,
or, in the case of shareholdings on the South African branch register of BHP
Group Limited, in accordance with the instructions of your CSDP or broker. The
DRP Allocation Price will be calculated in each jurisdiction as an average of
the price paid for all shares actually purchased to satisfy DRP elections. The
DRP Allocation Price applicable to each exchange will be made available at:
bhp.com/DRP. An announcement containing the summary results of the DRP in
respect of the interim dividend will be published on the JSE on or as soon as
practicable after 10 April 2025.
Short form announcement
This short-form announcement is the responsibility of the directors. It is only
a summary of the information contained in the full year results announcement
available on:
https://senspdf.jse.co.za/documents/2025/jse/isse/bhge/hy25report.pdf and on
the Company's website bhp.com.
This announcement does not contain full details and any investment decision in
relation to the Company's shares should be based on the full year results
announcement.
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
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Date: 18-02-2025 07:05:00
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