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BlueScope Steel Limited Controlling costs while delivering productivity improvements

Controlling costs while delivering productivity improvements: BlueScope Steel Limited (ASX: BSL) stock fell over 4.1% on September 09, 2016 as the stock traded ex-dividend while some impact came-in from commodity price movement. The company also came out with director, Mr. Paul O’Malley’s share interest notice with 568,125 share rights being transferred. On the other hand, the stock rallied over 84.3% during

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Two ASX stocks that slipped – BlueScope Steel and Charter Hall Group

Controlling costs while delivering productivity improvements: BlueScope Steel Limited (ASX: BSL) stock fell over 4.1% on September 09, 2016 as the stock traded ex-dividend while some impact came-in from commodity price movement. The company also came out with director, Mr. Paul O’Malley’s share interest notice with 568,125 share rights being transferred. On the other hand, the stock rallied over 84.3% during

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BlueScope Steel Limited Solid bottom line growth

Solid bottom line growth: BlueScope Steel Limited (ASX: BSL) reported NPAT surge over 160% to $353.8million while underlying NPAT grew by 119% to $293.1m. Underlying EBIT grew by 89% to $570.5m which was achieved by combination of sales growth, cost reduction and recent acquisition of North Star. Sales revenue rose 7% yoy to $9,182.7m driven by 100% ownership of North

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BlueScope Steel Limited Better Than Estimated Second Half Performance

Better than estimated second half performance: BlueScope Steel Limited (ASX: BSL) stock rose 5.1% on July 15, 2016 while the company reported for increased preliminary unaudited underlying EBIT expectation of around $570 million for the year ending June 30, 2016. This upgrade in guidance is mainly due to a better second half FY 16 estimated performance with underlying EBIT expected

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