Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Q1 FY2002 Earnings Presentation
12 slides from Bhp's earnings presentation, Nov 7, 2001
Slide 1: First Quarter Results
FIRST QUARTER RESULTS 7 NOVEMBER 2001 Chris Lynch Chief Financial Officer Chip Goodyear Chief Development Officer Bob Kirkby President Carbon Steel Materials
Slide 2: Results highlights – quarter ended 30 September 2001
Results highlights – quarter ended 30 September 2001 • Attributable profit US$608M, up 3.2% • EBITDA US$1,336M, in line with last year, despite impact of lower commodity prices • Results demonstrate powerfully the benefits of diversification • Benefits of acquisitions and new operations reflected in
Slide 3: Results highlights – quarter ended September
Results highlights – quarter ended 30 September (US$M) 2001 2000 % Change Turnover* 4,361 4,578 -4.7 EBITDA 1,336 1,353 -1.3 EBIT 921 948 -2.8 Attributable profit 608 589 3.2 EPS (US cents) 10.1 10.2 -1.0 *Including share of joint ventures and associates SLIDE 3
Slide 4: EBIT by Customer Sector Group – quarter ended September
EBIT by Customer Sector Group – quarter ended 30 Sept (US$M) 2001 2000 % Change Aluminium 114 103 +11 Base Metals 51 134 -62 Carbon Steel Materials 292 211 +38 Stainless Steel Materials (9) 33 -127 Energy Coal 149 60 +148 Exploration, Technology 23 16 +44 & New Business Other activities 41 40 +3 Pet
Slide 5: EBIT analysis: quarter ended Sept 01 v Sept 00
EBIT analysis Quarter ended Sept 01 v quarter ended Sept 00 US$M 1100 15 13 50 1000 948 125 921 900 (90) 75 800 700 (185) (30) 600 Quarter Prices Inflation Exchange Acquisitions Sales Costs Other Sold Quarter Ended impact on rates & new volumes operations Ended September costs operations September 2
Slide 6: EBIT analysis: quarter ended Sept 01 v June 01
EBIT analysis Quarter ended September 01 v quarter ended June 01 US$M 39 20 1000 45 921 55 900 (75) 123 787 800 35 700 (100) (8) 600 500 Quarter Prices Inflation Exchange Costs Sold Exploration Other Acquisitions Sales Quarter Ended impact on rates operations & new volumes Ended June costs operation
Slide 7: Boodarie Iron (WA HBI) – Quarterly performance update
BoodarieTM Iron (WA HBI) – Quarterly performance update FY02 Quarter ended Mar 01 June 01 Sept 01 Actual Actual Actual Target Production Volume (‘000t) 177 276 386 1,650 Ave Campaign Length (days) 109 133 107 100 Ave Train Throughput (t/h) 42 58.4 61.6 62.4 Ave Train Turnaround (days) - 93 41 27 Cas
Slide 8: Issues for 2nd quarter
Issues for 2nd quarter • Commodity price outlook • Lower volumes for alumina and oil & gas • Higher EkatiTM diamond volumes • Commencement of commercial production at Antamina SLIDE 8
Slide 9: Chip Goodyear – Chief Development Officer
Chip Goodyear – Chief Development Officer • Strategy formulation • Merger integration • Share buyback • Share exchange SLIDE 9
Slide 10: Carbon Steel Materials – Market and Sales
Carbon Steel Materials – Market and Sales Steel • World Pig Iron production – CYTD 429 mt - yoy up 2mt, 0.5% • Strong Asian output led by China (+10%) • Production forecasts – cuts in Japan, Europe, Brazil & Nth America Carbon Steel Materials • Record sales from WA Iron Ore – record sales to China •
Slide 11: Carbon Steel Materials
Carbon Steel Materials Operations • Strong performances across the board - Numerous output, throughput and productivity records - Underlying unit cost improvement continues - Focussing on bottlenecks, operating excellence - Australian IR Agreements - Safety Projects • Yandi Lump, MAC • Blackwater In
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