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FMG knocks it out of the park

Better than expected results and a big payday for shareholders

Kristie Batten
Elizabeth Gaines at Herb Elliott in Port Hedland

Elizabeth Gaines at Herb Elliott in Port Hedland

The company posted a half-year net profit after tax of US$644 million, down 5% year-on-year but much higher than UBS' forecast of $543 million. FMG CEO Elizabeth Gaines said it had clearly been a strong...

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