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 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.
