Company News Summary
Fortescue Metals Group Provides Half Year Results Presentation
19 Feb 2020 | 10:00:00 | Associate analysts | Increase | Decrease |
Original announcement: Half Year Results Presentation
Fortescue Metals Group provided its FY20 Half Year Results presentation. Dividend policy of a ratio of 50 to 80% of full year NPAT. The Company has strong underlying EBITDA margins through all market cycles. It has generated NPAT of US$17bn and allocated US$9bn of capital to debt repayment and US$6bn to dividends.
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