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The latest announcement is out from Orica Limited ( (AU:ORI) ).
Orica reported that momentum from its strong 2025 performance has carried into the first five months of the 2026 financial year, with group EBIT expected to come in slightly above the prior corresponding period despite currency headwinds and softer Indonesian coal quotas weighing on its core blasting division. Digital Solutions and Specialty Mining Chemicals are anticipated to deliver EBIT growth of about 20% and 15% respectively, underpinned by robust gold and copper markets, while a new organisation-wide cost reduction program targeting at least $100 million in annualised savings over three years is set to reshape the cost base even as significant litigation, supply disruption and restructuring charges trim statutory profit.
Net operating cash flow for the half and full year is projected to be lower than 2025 due to foreign exchange movements, U.S. litigation expenses and the impact of a CF Industries plant outage, though Orica is leveraging its global network to maintain product supply. Capital expenditure is expected to remain broadly in line with last year, the $500 million on‑market share buy‑back is nearly complete, and proceeds from staged surplus land sales are due from 2026–27, while depreciation, finance costs, minority interests and the effective tax rate are all forecast to track close to 2025 levels, positioning the company for sustained profitable growth once one‑off significant items abate.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$28.50 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
More about Orica Limited
Orica Limited is an Australian-based global mining services company, best known for supplying commercial explosives, blasting systems and specialty mining chemicals to the resources sector. The group also provides digital solutions that optimise mine planning and operations, with particular exposure to gold, copper and broader metals markets across multiple regions.
YTD Price Performance: -4.90%
Average Trading Volume: 1,680,945
Technical Sentiment Signal: Buy
Current Market Cap: A$10.73B
For an in-depth examination of ORI stock, go to TipRanks’ Overview page.