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Olam
Results
Olam’s 1HFY2024 earnings up 0.4% y-o-y to $48.1 mil, ebit up 8.3% y-o-y to $888 mil on growth from OFI
Olam has declared an interim dividend of 3 cents per share for the period.
August 14, 2024
Stocks To Watch
Olam: From Muddy Waters to IPO plans
As of now, neither one of the IPOs planned has materialised.
July 18, 2024
Company in the news
Olam Agri secures US$550 mil revolving credit facility
Proceeds will be applied towards refinancing of Olam Agri’s existing loans.
June 25, 2024
M&A
Olam Agri acquires Senegal’s Avisen for EUR17 mil
The acquisition is expected to be earnings accretive from 2024 onwards.
March 04, 2024
Results
Olam posts 15.5% growth in 2HFY2023 earnings to $230.8 mil, launches share buyback
The board has recommended a final dividend of 4 cents per share, taking the full year dividend to 7 cents per share.
February 28, 2024
IPO
Olam Agri IPO not happening in 1H2023
The company continues to pursue Olam Agri IPO at the next practical window.
May 30, 2023
IPO
Olam Agri’s IPO rides on the back of enhanced global focus on food security
Acknowledging reports claiming that the IPO is seeking to raise up to US$1 billion, Verghese says the size is still undetermined.
January 12, 2023
Commodities
Olam's spin off is timely
Olam Agri has chosen the correct moment to expand.
January 12, 2023
Results
Olam's 1HFY2022 earnings marginally up by 1.8% to $429.1 mil as it continues reorganisation plan
Olam is cautiously optimistic about its prospects for the rest of 2022.
August 12, 2022
IPO
Olam Agri IPO can only be launched after the next two years, says Olam CEO Sunny Verghese
This follows an earlier announcement that SALIC is acquiring a 35.4% substantial minority stake in Olam Agri for US$1.24 bil.
March 25, 2022