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Olam Group (SG:VC2)
SGX:VC2
Singapore Market

Olam Group (VC2) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 07, 2026
Before Open (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
0.06
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 26, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call communicated a materially improved financial and liquidity position: operational PATMI and free cash flow swung strongly positive, leverage and invested capital trends improved, the Olam Agri sale advanced with near‑completion of approvals, and the Remaining Group delivered a notable operational turnaround. These positive developments were balanced against continuing commodity price volatility, trade/tariff uncertainty, and weaker pockets of the portfolio (Origination & Merchandising, rice and freight), plus a deliberate decision to conserve cash (no final dividend). Overall the positive operational and balance sheet improvements and progress on strategic demerger/divestment milestones outweigh the challenges.
Company Guidance
Management guided that normalization of cocoa/coffee prices should materially reduce working capital and invested capital (total invested capital ~$25.5bn, ~61% in ofi, ~30% Olam Agri, ~9% Remaining), improving returns and cash: they reported operational PATMI of $511m (+136% y/y) and positive free cash flow to equity of ~$360m (a ~$6.3bn year‑on‑year swing). Key FY25 baselines are 58m tonnes combined volume (+17%), ~$67bn revenue (+19%), $2.2bn EBIT (+13%) and reported PATMI $444m; excluding Olam Agri volumes/revenue were 4.4m t and ~$30bn revenue with $1.26bn EBIT. Guidance highlights: ofi/Remaining to see further working‑capital and invested‑capital declines in H1 as higher‑priced inventory is released, supporting ofi’s target of low‑to‑mid single‑digit volume growth and high‑single‑digit EBIT growth (EBIT‑per‑tonne improvement driven by Ingredients & Solutions and private‑label), continued deleveraging (nominal gearing down to 1.87x excl. Agri; adjusted net‑debt/equity 0.55x excl. Agri, 0.58x incl. Agri), and use of proceeds (minimum ~$2.58bn expected from the Olam Agri sale) plus allocated capital ($2bn to degear RemainCo, $500m equity already injected into ofi) to make RemainCo debt‑free and distribute special dividends; liquidity headroom stands at ~$7.6bn of $15.5bn available (cash $2.2bn; marketable inventories $8.8bn; secured receivables $0.5bn; unutilized bank lines $4.0bn), and near‑term corporate milestones include closing remaining regulatory approvals for the Agri sale (20/21 approvals obtained) and completion of the ARISE ports stake disposal (~32.4% for $175m) by end‑April.
Operational PATMI Surge
Operational PATMI rose to $511 million, up 136% year-on-year (Muthu); reported PATMI was $444 million for FY2025, reflecting a strong recovery in profitability.
Combined Revenue and Volume Growth
Combined Olam Group revenue including Olam Agri reached $67 billion, up 19% year-on-year, with volumes of ~58 million tonnes (up 17%). Excluding Olam Agri (ofi + Remaining Group) revenue was ~$30 billion, up 29%.
EBIT and Business Mix Improvement
Combined EBIT was $2.2 billion, up 13% year-on-year. Of the $2.2 billion, ~49% of EBIT came from ofi, ~42% from Olam Agri and ~9% from the Remaining Olam Group, showing improved earnings contribution from the core operating groups.
Free Cash Flow and Leverage Reduction
Free cash flow to equity turned positive at roughly $360 million (a swing of ~$6.3 billion year-on-year). Nominal gearing (excluding Olam Agri) improved from 2.79x to 1.87x; adjusted net debt/equity fell from 0.68x to 0.55x (excluding Olam Agri), indicating materially improved balance sheet metrics.
Strong Liquidity Position
Total available liquidity stood at $15.5 billion with headroom of $7.6 billion, comprising ~$2.2 billion cash, ~$8.8 billion readily marketable inventories, ~$0.5 billion secured receivables and ~$4.0 billion unutilized bank lines.
Olam Agri Sale Progress and Valuation
Sale to SALIC (PIF subsidiary) values Olam Agri at around $4.0–$4.2 billion (~3.5x book). Regulatory progress strong with 20 of 21 approvals obtained and final approval expected soon, advancing the reorganization milestones.
Remaining Group Operational Turnaround
Remaining Olam Group swung from an operating loss of ~$152 million in 2024 to an operating profit of ~$198 million in 2025 (a positive swing of roughly $342–$349 million), while invested capital in the segment fell ~4% as restructuring actions progressed.
ofi Strategic and Operational Resilience
ofi maintained EBIT broadly flat despite lower volumes, with Global Sourcing EBIT up ~6.5% (on lower volumes) and Ingredients & Solutions showing maturation (private label growth across nuts, spices and coffee). Invested capital trends are moving down as higher-priced inventories normalize.
Targeted Capital Allocation Completed
Completed a $500 million equity injection into ofi to support growth initiatives; sold a 32.4% stake in ARISE Ports & Logistics for $175 million at a small premium to book, demonstrating active portfolio management.

Olam Group (SG:VC2) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

SG:VC2 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 07, 2026
2026 (Q2)
- / -
0.056
Feb 26, 2026
2025 (Q4)
- / 0.03
0.0021500.00% (+0.03)
Aug 13, 2025
2025 (Q2)
- / 0.09
0.0081025.00% (+0.08)
Feb 27, 2025
2024 (Q4)
- / <0.01
0.052-96.15% (-0.05)
Aug 13, 2024
2024 (Q2)
- / <0.01
0.0080.00% (0.00)
Feb 27, 2024
2023 (Q4)
- / 0.05
0.04418.18% (<+0.01)
Aug 11, 2023
2023 (Q2)
- / <0.01
0.105-92.38% (-0.10)
Feb 27, 2023
2022 (Q4)
- / 0.04
0.066-33.33% (-0.02)
Aug 11, 2022
2022 (Q2)
- / 0.10
0.121-13.22% (-0.02)
Feb 27, 2022
2021 (Q4)
- / 0.06
-0.033288.46% (+0.09)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

SG:VC2 Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 26, 2026
S$0.99S$0.92-7.58%
Aug 13, 2025
S$1.03S$1.030.00%
Feb 27, 2025
S$0.99S$0.95-3.85%
Aug 13, 2024
S$1.14S$1.06-6.50%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Olam Group (SG:VC2) report earnings?
Olam Group (SG:VC2) is schdueled to report earning on Aug 07, 2026, Before Open (Confirmed).
    What is Olam Group (SG:VC2) earnings time?
    Olam Group (SG:VC2) earnings time is at Aug 07, 2026, Before Open (Confirmed).
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          What is the P/E ratio of Olam Group stock?
          The P/E ratio of Olam Group is N/A.
            What is SG:VC2 EPS forecast?
            Currently, no data Available