tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BlueScope Steel Reports Significant Profit Decline Amid Challenging Market Conditions

Story Highlights
BlueScope Steel Reports Significant Profit Decline Amid Challenging Market Conditions

Meet Your ETF AI Analyst

The latest update is out from Bluescope Steel ( (AU:BSL) ).

BlueScope Steel Limited reported a significant decline in its financial performance for the fiscal year ending June 30, 2025, with a 90% drop in reported net profit after tax (NPAT) to $83.8 million and a 51% decrease in underlying NPAT to $420.8 million. The decline was attributed to lower steel spreads and asset impairments, although the company maintained investment-grade credit ratings and returned $293 million to shareholders. Despite the downturn, BlueScope remains financially stable with a net debt position of $28 million and substantial liquidity of $2.8 billion, and it plans to continue its buy-back program and pay a 50% franked final dividend.

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 Limited is a prominent player in the steel industry, primarily focusing on the production and distribution of steel products. The company operates globally, with a significant market presence in Australia and other regions, catering to diverse sectors including construction and manufacturing.

YTD Price Performance: 31.30%

Average Trading Volume: 1,272,044

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$10.63B

Learn more about BSL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1