Olam Group (SGX:VC2) Full Year 2024 Results

Key Financial Results

• Revenue: S$56.3b (up 16% from FY 2023).
• Net income: S$53.8m (down 78% from FY 2023).
• Profit margin: 0.1% (down from 0.5% in FY 2023).
• EPS: S$0.014 (down from S$0.065 in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Olam Agri segment contributing a total revenue of S$33.2b (59% of total revenue). Notably, cost of sales worth S$51.3b amounted to 91% of total revenue thereby underscoring the impact on earnings. Explore how VC2's revenue and expenses shape its earnings.

Olam Group shares are down 11% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for Olam Group (of which 4 are a bit unpleasant!) you should know about.

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