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Bluescope Steel ( (AU:BSL) ) has provided an update.
BlueScope Steel reported a FY2025 underlying EBIT of $738 million, a significant decrease from the previous year, attributed to softer market conditions and global uncertainties. Despite this, the company maintains a strong position due to its strategic asset spread and operational excellence. Challenges included a delay in the BlueScope Coated Products business, resulting in a $439 million impairment, but the company remains committed to its North American growth strategy. BlueScope aims for future earnings growth through cost improvements and strategic investments, while also focusing on sustainability and safety initiatives. The company returned $293 million to shareholders and plans to extend its buy-back program, reflecting its commitment to financial discipline and stakeholder value.
The most recent analyst rating on (AU:BSL) stock is a Hold with a A$22.00 price target. To see the full list of analyst forecasts on Bluescope Steel stock, see the AU:BSL Stock Forecast page.
More about Bluescope Steel
BlueScope Steel is a prominent player in the steel industry, known for its diverse portfolio of quality assets and a multi-domestic strategy. The company primarily focuses on producing and distributing steel products, including COLORBOND® and TRUECORE® steel, with significant operations in North America, Australia, Asia, and New Zealand.
YTD Price Performance: 31.30%
Average Trading Volume: 1,272,044
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$10.63B
For an in-depth examination of BSL stock, go to TipRanks’ Overview page.
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