News Formal

Omnia expects headline earnings to almost double

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

While port congestion and supplier delays affected the company, it benefited from its diversification due to demand for ammonia nitrate

Diversified chemicals group Omnia is expecting its headline earnings to almost double in its 2022 year as sales increased and more cash was generated, benefiting from higher commodity prices and a better operating margin.

Omnia, which supplies products and services to the mining, chemical and agricultural sectors, said in a trading statement on Tuesday that total headline earnings per share would jump 70%-90% to between 639c and 714c, and HEPS from continuing operations growing 77%- 97% to between 639c and 711c for the year to end-March...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MultiChoice earnings to take a big hit on forex lossesMultiChoice Group said on Monday that it expects headline earnings per share for the financial year to March 2022 to fall by as much as 25%.
Source: TechCentral - 🏆 8. / 71 Read more »

INTERIM RESULTS: Oceana’s headline earnings plummet 50% while management puts out firesAfter a spate of changes in its C-suite and major concerns about corporate governance, the results of South Africa’s biggest fishing company for the six months to March did little to inspire confidence.
Source: dailymaverick - 🏆 3. / 84 Read more »