Company News Summary | 19 Feb 2020

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

Fortescue Metals Group Provides Half Year Results Presentation

10:00:00 | Associate analysts

Original annuncemenet: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.

This report appeared on www.morningstar.com.au 2020 Morningstar Australasia Pty Limited

© Copyright 2020 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/About/ FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.