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Orica Ltd (ORI.AX)

ORI.AX on Australia Stock Exchange

17.66AUD
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Orica Ltd posts FY NPAT before individually material items of $389 mln
Thursday, 3 Nov 2016 05:55pm EDT 

Orica Ltd : FY NPAT before individually material items of $389 million . FY consolidated revenue from operations down 16.8% to $5.09 billion . Final dividend of 29 cents per share . "Board expects the total payout ratio to be in the range of 40 to 70 percent of underlying earnings" . "Also expected that the total dividend paid each year will be weighted towards the final dividend" . "Continued focus on capital discipline will see FY17 capital expenditure in the range of $300 million to $320 million" . "Headwinds of about $60 million expected from price resets; $50 million to $70 million from previously negotiated material input contracts" for FY17 .FY 17 effective tax rate (excluding individually material items) to be marginally higher than FY16.  Full Article

Orica Ltd updates on FY16 outlook
Sunday, 8 May 2016 06:39pm EDT 

Orica Ltd : Orica 2016 half year financial results . Expected that the market will remain challenged for the foreseeable future" . Board expects the total payout ratio to be in the range of 40 to 70 percent of underlying earnings" . Will see capital expenditure for FY 2016 of approximately $320 million . Expects global explosives volumes in the range of 3.45 million tonnes in FY 2016 . FY 2016 effective tax rate (excluding individually material items) to be slightly lower than FY 2015 . Approximately $85 million negative impact is expected from price resets and contract renewals in FY 2016 .  Full Article

Orica Ltd posts HY net profit of $149 mln
Sunday, 8 May 2016 06:37pm EDT 

Orica Ltd : hy net profit for period attributable to shareholders of co $149 mln vs $222.1 mln last year . hy consolidated revenue from operations down 22.1% to $2.55 bln . interim dividend 20.50 cents per security .  Full Article

Orica Limited updates on amended income tax assessments issued to Orica for 2004, 2005 and 2006
Monday, 7 Dec 2015 01:42am EST 

Orica Limited:Amended income tax assessments issued to Orica for 2004, 2005 and 2006 income years have been subject of proceedings between Orica and commissioner of taxation.Says federal court yesterday found in favour of the commissioner The company is reviewing the judgement and seeking legal advice regarding an appeal to the full federal court.Says decision will have an adverse impact on net profit after tax of approximately $36 million Says "it has 21 days to appeal the federal court's decision.".  Full Article

Orica Ltd says Malcolm Broomhead elected to become chairman from Jan 2016
Monday, 26 Oct 2015 06:38pm EDT 

Orica Ltd:Chairman Russell Caplan also announced his intention to retire from the Orica board, effective 31 December 2015.Says Malcolm Broomhead elected by the board to become chairman from 1 January 2016.  Full Article

Orica Ltd appoints Thomas Schutte as new chief financial officer
Sunday, 5 Jul 2015 07:15pm EDT 

Orica Ltd:Says appointment of Thomas Schutte as Orica's new chief financial officer, effective Sept. 1, (or earlier, subject to his relocation from London, and other requirements).Says Schutte will also be a member of the company's executive committee.  Full Article

Orica Ltd appoints Alberto Calderon as managing director and CEO
Monday, 18 May 2015 06:50pm EDT 

Orica Ltd:Says appointment of Alberto Calderon as managing director and chief executive officer, effective immediately.  Full Article

Perpetual Limited and subsidiaries ceases to be substantial of Orica Limited
Wednesday, 13 May 2015 02:15am EDT 

Orica Limited:Says that Perpetual Limited and subsidiaries ceases to be substantial holder of the company effective May 11.  Full Article

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