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Orica Ltd (ORI.AX)

ORI.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Strike Energy signs term sheet with Orica for revised gas sales agreement
Wednesday, 16 Aug 2017 07:22pm EDT 

Aug 17 (Reuters) - Strike Energy Ltd :Orica and Strike Energy sign term sheet for revised 64PJ gas sales agreement & Orica withdraws $7.5 million claim​.  Full Article

Orica Ltd says outlook for 2017 remains unchanged
Monday, 15 May 2017 06:51pm EDT 

May 16 (Reuters) - Orica Ltd :Interim ordinary dividend of 23.5 cents per share.Outlook for 2017 remains unchanged from November 2016."Cyanide volumes expected to be in line with FY16".For 2017 Minova focused on improving performance under new structure, and expected to remain cashflow positive.For 2017 headwinds of approximately $60 million expected from price resets; $50 million to $70 million from previously negotiated material input contracts.For 2017 capital expenditure in range of $300 million to $320 million.For 2017 increased depreciation and amortisation post Burrup commissioning.  Full Article

Orica Ltd's HY profit after tax attributable to shareholders up 31 pct
Monday, 15 May 2017 06:47pm EDT 

May 16 (Reuters) - Orica Ltd :HY profit after tax attributable to shareholders up 31.0 pct to $195.2 million.HY consolidated revenue from operations down 4.5 pct to $2,437.4 million.  Full Article

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

UPDATE 1-Australia's Orica cautiously optimistic on miners' recovery

* More explosives needed as mine plans return to normal (Adds CEO comments and profit details)