(Reuters) – BHP Group (NYSE:) reported a 2% rise in its annual underlying revenue on Tuesday, as development at its iron ore and companies helped offset weaker coal costs.
The world’s largest listed miner’s fiscal 2024 revenue was underpinned by a file iron ore output for a second straight yr and resilient common realised costs for the steel-making commodity.
Underlying attributable revenue for the yr ended June 30 got here in at $13.66 billion, beating a Seen Alpha consensus of $13.26 billion and forward of the $13.42 billion revenue a yr in the past.
BHP declared a dividend of $0.74 per share, beneath the prior yr’s $0.80 apiece.