Orica Limited (AU:ORI) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Orica Limited has reported a strong financial performance for the year ending September 2024, with total sales reaching $7.7 billion and EBITDA standing at $1.2 billion. The company’s EBIT margin improved to 10.5%, driven by growth in its Blasting Solutions and Digital Solutions segments. Despite a decrease in cash balance, Orica’s net assets increased to $4.5 billion, reflecting a robust operational performance.
For further insights into AU:ORI stock, check out TipRanks’ Stock Analysis page.