CAPITAL MARKETS

Times are tough, but BHP's still optimistic

WHILE BHP Billiton’s financial results were hit heavily by impairment charges, and commodity prices look set to stay weak, chief executive officer Marius Kloppers said the company was in a good position to potentially make acquisitions and take advantage of a recovery in the world economy.

Kate Haycock
Times are tough, but BHP's still optimistic

BHP today reported a heavily impacted bottom line, with profits falling to $US2.6 billion - although the company's underlying earnings before interest, tax and amortisation were up 25% year-on-year to...

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