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BlueScope Steel Limited (ASX:BSL)

ALERT: Price-sensitive ASX Announcement for BSL
Current share price for BSL : $30.750 -2.94 (-8.73%)+
Release
17 Aug 2026 7:45AM
Price at Release
$33.690
Full Release
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Summary
BlueScope Steel Limited's FY2026 results report a modest profit of $21.1 million, with total revenues reaching $16,605.9 million. The financial year saw increased expenses in employee benefits and depreciation, while foreign currency translation reserves decreased. The company maintained a strong equity position at $10,897.7 million and demonstrated growth particularly in the North Star BlueScope Steel segment. Operating cash flow was robust at $1,725.6 million, with significant investments directed towards property, plant, and equipment. Additionally, BlueScope incurred share-based payment expenses and continued to focus on strategic investments to bolster its infrastructure and operational capabilities.
Key Points
  • BlueScope Steel Limited reported a profit of $21.1 million for FY2026.
  • Total revenue for the year was $16,605.9 million.
  • Employee benefits expense increased to $798.5 million.
  • Depreciation and amortization expenses were $153.7 million.
  • The company noted a significant decrease in foreign currency translation reserves.
  • Total equity at the end of FY2026 was $10,897.7 million.
  • Key financial growth was seen in the North Star BlueScope Steel segment.
  • The company's cash flow from operating activities totaled $1,725.6 million.
  • BlueScope implemented share-based payment expenses totaling $24.3 million.
  • Significant investments were made in property, plant and equipment amounting to $1,467.2 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.