FMG 2.89% $16.82 fortescue ltd

Ann: FY24 Half Year Results Announcement, page-7

  1. 11,123 Posts.
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    A pretty solid and consistent result once again with a beautiful dividend to top it off!

    Net debt - hardly anything now at only US$569 million, half of what it was.

    Free cash flow

    H1 FY24 US$2,655 million
    H1 FY23 US$1,582 million

    An increase of US$1,073 million!

    Revenue from external customers:

    China

    31 December 2023 US$8,409 million
    31 December 2022 US$7,014 million

    Other

    31 December 2023 US$1,103
    31 December 2022 US$821

    An increase of US$282 million in one year from external customers outside of China! Slowly creeping up.

    31 December 2023 US$9,512
    31 December 2022 US$7,835

    Iron Bridge - 6mt of ore was mined in H1 FY24 with total ore shipped of 84kt for H1 FY24

    Tony
 
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