BHP Group rises on better-than-expected annual profit
** Shares of BHP Group BHP.AX rise 2.2% to A$41.74 by 0010 GMT
** World's largest listed miner reports FY24 underlying profit attributable of $13.7 bln, up 2% compared with FY23
** FY profit beats Visible Alpha consensus of $13.26 bln
** BHP says comfortable with raising its debt target for any potential acquisitions
** Co expects lagged impact from inflation and lingering labour market tightness to impact cost base into FY25
** BHP declares a dividend of $0.74 per share, down from previous year's dividend of $0.80 per share
** About 1.04 mln shares change hands, about 12.7% of their 30-day moving average of 8.23 mln shares
** Stock had fallen about 19% this year, as of last close
Reporting by Shivangi Lahiri in Bengaluru
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