Aug 18, 2020 / 07:00AM GMT
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the BHP 2020 financial results investor and analyst Q&A session.
I advise you that this conference is being recorded today. (Operator Instructions)
I'd now like to hand the conference over to Mike Henry, Chief Executive Officer, BHP Group.
Mike P. Henry - BHP Group - CEO & Executive Director
Hello, everyone. Thank you for joining Peter and I to discuss our results for the 2020 financial year.
I'm going to say a few comments before opening it up for questions. Firstly, we are proud to have safely delivered a very strong set of operational and financial results for the year in spite of everything the world needed to contend with over the course of the year. We've delivered $22 billion in EBITDA and operating margin of 53%. We've managed to lower average unit costs by 9% across our major assets, underlying earnings per share up on last year, return on capital employed at 17%, and the balance sheet remains strong, with net debt closing the year at the bottom of the
Full Year 2020 BHP Group PLC Earnings Call (Q&A) - Session 2 Transcript
Feb 10, 2024
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