BARRY FITZGERALD

Cash surge for BHP as Jansen comes in from the cold

BHP did not exactly run as smoothly as the Swiss watch its chief executive Andrew Mackenzie so desires in the first (December) half year, forcing an admission that the US$1 billion in targeted full-year productivity gains was not going to happen, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
Jansen in Saskatchewan

Jansen in Saskatchewan

Not that the market really cared, as BHP's rampant share price strength (18% higher in the last 12 months) amply reflects. More important to the market is that in the here and now, BHP's free cashflow...

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