Orica Chief Executive Sanjeev Gandhi analyses the company’s increased full-year profits.
This week, explosives manufacturer Orica lifted its full-year profit by 77 per cent to about $525 million due to its customers paying more for higher-margined products.
“We’ve got the best solutions in the industry and that’s why we see that earnings profile improve at Orica,” Mr Gandhi told Sky News Business Editor Ed Boyd.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.