Orica Limited Reports Revenue Growth Amid Net Loss

Orica Limited ( (OCLDF) ) has released its Q2 earnings. Here is a breakdown of the information Orica Limited presented to its investors.

Orica Limited is a global leader in the manufacture and supply of commercial explosives and blasting systems, primarily serving the mining, quarry, and construction industries. In its latest earnings report for the half-year ending March 31, 2025, Orica Limited reported a consolidated revenue increase of 7.7% to $3,940.5 million. Despite this revenue growth, the company experienced a net loss attributable to shareholders of $89.0 million, a significant decline from the previous year’s profit. However, when excluding individually significant items, the net profit rose by 40% to $250.8 million, indicating strong underlying performance. Key highlights from the report include a rise in interim dividends to 25.0 cents per share and a notable increase in net tangible asset backing per ordinary security to 407.4 cents. The company also faced restructuring costs in Latin America and EMEA, impacting its bottom line. Looking ahead, Orica’s management remains optimistic about future growth, focusing on strategic initiatives to enhance operational efficiency and market presence.