BHP Group Ltd operates in the Iron ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares BHP Group Ltd with three other
iron ore producers in Australasia:
Fortescue Metals Group Limited
(2020
sales of 19.13 billion Australian Dollars [US$13.63 billion]
),
Mount Gibson Iron Limited
(451.16 million Australian Dollars [US$321.57 million]
of which 65%
was Koolan Island segment), and
Champion Iron Ltd
(869.50 million Australian Dollars [US$619.74 million]
of which 100%
was Mine site).
Sales Analysis.
BHP Group Ltd reported sales of A$64.05 billion (US$45.65 billion)
for the
fiscal
year ending
June of 2020.
This
represents
an
increase of 3.4%
versus 2019, when the company's sales were A$61.97 billion.
This was the fourth straight year of sales growth at BHP Group Ltd.
Sales of Iron Ore saw an increase
that was more than double the company's growth rate: sales were up
28.5% in 2020, from
A$24.14 billion to A$31.03 billion.
BHP Group Ltd also saw significant increases in sales in
Copper (up 4.9% to A$15.91 billion)
.
Not all segments of BHP Group Ltd experienced an increase in sales in 2020:
sales of Coal fell 27.0% to A$9.31 billion.
BHP Group Ltd also experienced decreases in sales in
Petroleum (down 27.0% to A$5.98 billion)
.