Orica Limited (AU:ORI) has released an update.
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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.
