Orica Limited (AU:ORI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Orica Limited has reported a significant 77% increase in profit from ordinary activities after tax, reaching $524.6 million for the fiscal year ending September 2024, despite a 4% decline in revenue. The company’s net profit before individually significant items rose by 11% to $409.4 million, while dividends have been adjusted with a notable increase in the final dividend per share. This financial performance highlights Orica’s resilience and successful strategies ahead of its 150th anniversary.
For further insights into AU:ORI stock, check out TipRanks’ Stock Analysis page.