CAPITAL MARKETS

BHP beats expectations

ACCELERATED productivity gains have led BHP Billiton to a better-than-expected half-year profit and CEO Andrew Mackenzie has flagged further gains once the demerger of South32 is complete.

Kristie Batten
BHP beats expectations

BHP's underlying attributable profit of $US5.3 billion ($A6.8 billion) beat analysts' consensus of around $5 billion. However, the result was 31% on the same period of 2013 due to lower commodity prices....

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