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BlueScope 1H FY2017 financial results

On 20 February 2017, BlueScope Steel Limited released its half year financial results for the six months ended 31 December 2016.

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Expects half year underlying EBIT lift to $600M

BlueScope announced today that its preliminary unaudited underlying earnings before interest and tax (EBIT) for the six months ended 31 December 2016 is expected to be around $600 million, compared with prior guidance of at least $510 million. This represents growth of approximately 160 per cent on 1H FY2016.

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