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Olam Group
(OTC:VC2)
Olam Group (VC2) vs. iShares MSCI Singapore ETF (EWS)
Olam Group Business Overview & Revenue Model
Olam Group Earnings Call Summary
Olam Group Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 56.28B | 48.27B | 54.90B | 47.00B | 35.82B | Gross Profit |
| 4.96B | 4.26B | 54.99B | 3.98B | 3.10B | EBIT |
| 4.96B | 2.16B | 1.57B | 1.25B | 665.64M | EBITDA |
| 4.96B | 2.50B | 2.35B | 1.95B | 1.26B | Net Income Common Stockholders |
| 86.42M | 278.72M | 629.09M | 686.43M | 189.26M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 3.33B | 3.58B | 4.81B | 4.32B | 3.12B | Total Assets |
| 45.23B | 33.35B | 31.95B | 32.06B | 26.70B | Total Debt |
| 23.09B | 16.29B | 16.15B | 16.71B | 14.16B | Net Debt |
| 19.77B | 13.04B | 11.80B | 13.42B | 11.92B | Total Liabilities |
| 37.91B | 25.68B | 23.87B | 25.28B | 20.67B | Stockholders Equity |
| 7.01B | 7.33B | 7.66B | 6.77B | 5.96B |
| Cash Flow | Free Cash Flow | |||
| -5.98B | -1.03B | 153.20M | -2.96M | -757.46M | Operating Cash Flow |
| -5.32B | -334.60M | 964.60M | 690.50M | -78.50M | Investing Cash Flow |
| -618.80M | -580.19M | 984.76M | -1.72B | -513.70M | Financing Cash Flow |
| 5.37B | -214.37M | -1.34B | 2.36B | 610.71M |
Olam Group Technical Analysis
Olam Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | €1.34B | 6.92 | 16.33% | 8.62% | 3.60% | -10.76% | |
71 Outperform | $18.98B | 12.14 | 5.84% | 7.89% | -0.24% | -23.64% | |
70 Outperform | S$432.73M | 4.59 | 7.94% | 3.23% | -4.59% | 74.87% | |
67 Neutral | $3.17B | 6.51 | 7.27% | 3.29% | 11.22% | 84.13% | |
65 Neutral | $8.88B | 15.01 | 4.67% | 6.15% | 3.61% | -2.60% | |
60 Neutral | S$3.52B | 65.03 | 1.32% | 5.31% | 16.34% | -83.55% |
Olam Group Corporate Events
Olam Group Limited has announced the transfer of 50,800 treasury shares to a Director as part of the Non-Executive Directors’ remuneration for the financial year ending December 31, 2024. This move slightly reduces the company’s treasury shares from 64,230,700 to 64,179,900, reflecting a minor change in the percentage of treasury shares against the total number of ordinary shares outstanding, which is part of their strategic financial management.
Olam Group Limited has announced the transfer of 320,100 treasury shares to its Non-Executive Directors as part of their remuneration for the financial year ending December 31, 2024. This move, valued at S$304,223.04, reflects the company’s strategy to manage its equity and incentivize its leadership, slightly reducing its treasury shares from 61,550,800 to 61,230,700, which impacts the percentage of treasury shares against the total number of ordinary shares outstanding.
Olam Agri, part of Olam Group, has secured a US$1,850 million dual tranche financing facility to support its operations. This facility, comprising a conventional and an Islamic tranche, will be used for general corporate purposes and reflects Olam Agri’s strategic financial planning as it prepares for its demerger. The financing underscores Olam Agri’s robust market positioning and commitment to sustainable growth in the global agri-business sector.
Olam Group Limited, a company incorporated in Singapore, has announced changes to its board committees with the formation of a new Board Executive Committee (EXCO). This development leads to the dissolution of the Board Strategy and Execution Committee. The reorganization of the board committees is aimed at enhancing the company’s governance structure, potentially impacting its strategic decision-making processes and stakeholder engagement.
Olam Group Limited held its Fourth Annual General Meeting on April 25, 2025, at the Marina Bay Sands Convention Centre in Singapore. The meeting was attended by the company’s Board of Directors, management, shareholders, and representatives from its auditors and legal counsels. The AGM provided a platform for discussing the company’s strategic direction and operational performance, reflecting Olam’s commitment to transparency and stakeholder engagement.
Olam Group Limited, a company incorporated in Singapore, has announced changes to its Board and Board Committees effective from May 1, 2025. The changes include the appointment of Mr. Dinesh Khanna as an Alternate Director to Mr. Nagi Hamiyeh, and Mr. Yasuaki Matsuo as a Non-Executive Director, replacing Mr. Yuji Tsushima. Mr. Matsuo will also join the Sustainability and Risk Committees. These adjustments reflect the company’s ongoing efforts to strengthen its governance structure and enhance its strategic oversight capabilities.
Olam Group’s subsidiary, olam food ingredients (ofi), has secured a US$350 million term loan facility with a two-year tenor, initially guaranteed by Olam Group Limited. The loan, involving DBS and ICBC as lead arrangers, will be used for refinancing existing loans and general corporate purposes, with the guarantee transferring to ofi Group Limited following its planned IPO and demerger. This financial move is expected to support ofi’s operational flexibility and strategic positioning in the global food and beverage ingredients market.
Olam Group Limited, a company incorporated in Singapore, has announced significant changes to its Board and Board Committees effective April 25, 2025. These changes include the stepping down of Ms. Marie Elaine Teo as an Independent and Non-Executive Director, the separation of the Audit and Risk Committee into two distinct committees, and the appointment of Mr. Tran Phuoc (Lucas) as the new Chairman of the Audit Committee. These adjustments are poised to impact the company’s governance structure, potentially enhancing its strategic execution and risk management capabilities.
Olam Group has announced the next steps in its re-organization plan, following the proposed sale of its remaining stake in Olam Agri to SALIC. The plan includes right-sizing the Remaining Olam Group’s capital structure by allocating $2 billion to eliminate debt, investing $500 million into ofi for strategic growth, and divesting all remaining assets to distribute proceeds to shareholders. The re-organization aims to focus on value creation for ofi, with funding sourced from the sale of Olam Agri and asset divestments.
Olam Group Limited has released its 2024 Annual Report, showcasing significant financial growth and strategic achievements, including EBIT growth, increased sales volumes, and improved cash flow. A notable milestone in their Re-organisation Plan is the proposed sale of a 44.58% interest in Olam Agri to SALIC for approximately US$1.78 billion, paving the way for further strategic options, including a potential IPO for ofi. The company continues to prioritize sustainability, with efforts to comply with the EU Deforestation Regulation and initiatives to enhance farmer incomes, alongside improving climate-related disclosures and ratings.