Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Spin-off group takes the market by storm
Coal-to-manganese miner South32 (S32) has outperformed its former parent company BHP Billiton (BLT) by 130% so far this year on the London stock market, according to Google Finance data. South32’s spending has fallen, cash generation has risen and the balance sheet strengthened. BHP spun out various assets in 2015 to create the standalone business.
This article is provided by Shares Magazine. Shares publishes information and ideas which are of interest to investors. It does not provide advice in relation to investments or any other financial matters and does not guarantee the accuracy or completeness of the information in this article.
Investors acting on the information in this article do so at their own risk and AJ Bell Media Limited and its staff do not accept liability for losses suffered by investors as a result of their investment decisions. Shares is published by AJ Bell Media Limited part of AJ Bell.