Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Orica Limited ( (AU:ORI) ) is now available.
Orica Limited announced its highest earnings in 13 years, driven by strong demand for premium products and advanced technology solutions. The company reported a 32% increase in Net Profit After Tax pre significant items and a 23% rise in EBIT. Orica’s strategic focus on safety, sustainability, and innovation has led to significant achievements, including a 51% reduction in emissions since 2019 and a robust performance across all business segments. The successful integration of Terra Insights and Cyanco has strengthened Orica’s position as a global leader in digital solutions and specialty mining chemicals. The company also completed a substantial share buy-back program, reflecting its commitment to delivering shareholder value.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$25.50 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 operates in the mining and infrastructure sectors, providing blasting solutions, digital solutions, and specialty mining chemicals. The company focuses on delivering innovative and sustainable products and services to enhance safety, efficiency, and sustainability across its global operations.
Average Trading Volume: 1,845,397
Technical Sentiment Signal: Buy
Current Market Cap: A$10.71B
For an in-depth examination of ORI stock, go to TipRanks’ Overview page.