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Today BlueScope is hosting Day 1 of a two day investor briefing following the release of its Climate Action Report and Sustainability Reporting suite.
On 14 September, BlueScope published its FY2021 Sustainability Report, Tax Contribution Report, and Modern Slavery Statement. Together with the Climate Action Report, these Reports demonstrate the progress we are making on our sustainability journey.
BlueScope today reported FY2021 net profit after tax (NPAT) of $1.19 billion, a $1.10 billion increase over FY2020.
Confirming a record performance, Managing Director and CEO, Mark Vassella said, “Underlying EBIT for the year was $1.72 billion, tripling that of FY2020. This is an impressive result. All operating segments performed exceptionally well – driven by strong demand and steel spreads. Earnings momentum built throughout the year, with the Company delivering $1.19 billion in underlying EBIT in the second half."
2021 marks 100 years since BlueScope’s Lysaght business commenced manufacturing in Australia.
BlueScope today reported for the first half financial year ending December 2020, a net profit after tax (NPAT) of $330.3 million, up 78 per cent on 1H FY2020, and an underlying NPAT of $332.8 million.
In BlueScope's half year results announcement today, we advised the company is considering options for the future configuration of the Port Kembla Steelworks, once the No.5 Blast Furnace comes to the end of its current operating campaign.
Introducing you to BlueScope’s new brand identity. Our brand is an important signal about who we are and is directly inspired by Our Purpose
We're proud to bring you this year's BlueScope Sustainability Report, which recognises the launch of Our Purpose and is published alongside our first Modern Slavery Statement and FY2020 Tax Contribution Report. Thank you to everyone for their contribution to our sustainability outcomes, which aim to create stronger business and build stronger communities for the future.
Mark Vassella, Managing Director & CEO, speaks on Bloomberg about BlueScope's FY2020 financial performance.
![2020 08 Mark Vassella Social Media Image (Results) [Reduced And Reformatted]](/media/2881/2020-08-mark-vassella-social-media-image-results-reduced-and-reformatted.png?width=200&height=140&mode=crop)
BlueScope today reported FY2020 net profit after tax (NPAT) of $96.5 million, including a $197.0 million non-cash write-down of the New Zealand and Pacific Islands segment. Underlying NPAT was $353.0 million
