[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Smalltalkdaily Research [@smalltalkdaily](/creator/twitter/smalltalkdaily) on x 21.8K followers Created: 2024-06-10 07:04:47 UTC FY2024 results from $JSEOMN Omnia as expected no real shocks + special dividend paid It was all about agriculture. Strong sales volumes BUT as global fertilizer prices have heavily fallen post Russia/Ukraine, profits lower The real kicker was improved contribution form mining explosives division BME Omnia revenue R21,84bn (-16%) all fertilizer related Operating Profit R1,741m (-12%) combination of -XXXX% decline in agriculture & slide of -XXXX% in Protea Chemicals offset by +26.5% from BME BME R999 million had a great period driven by +12.3% rise in SA profits to R419m & +39.1% to R580m within international on customer wins & extensions to contracts Agriculture R992 million. South Africa fell -XXXX% to R694m was revenue -XX% and profit -XX% all from lower selling prices despite higher volumes Agriculture international side was only down -XXX% to R298m with growth in Australia & Brazil (+3.2%) to R130m offsetting some of Africa's decline of -XX% to R168m Protea R11 million. Dire. Why they keep this division is beyond me, but they keep saying "we can fix it". Lower commodity prices and loss of market share slammed Dividend. Year end dividend remains unchanged at XXX cents per share BUT #OMN pay a special of XXX cents per share to record XXX cents per share (+86.7%). Mag't detailed they wanted to return the 2000 cents rights issue (held 2019) money to shareholders from increased & special dividends. That been done & exceeded Good #OMN working capital management & cash on hand at YE R2,301 million #OMN tax dispute drags on & on Results presentation at 11.00am today  XXXXX engagements  **Related Topics** [oce](/topic/oce) [mining](/topic/mining) [$jseomn](/topic/$jseomn) [Post Link](https://x.com/smalltalkdaily/status/1800061533797384474)
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Smalltalkdaily Research @smalltalkdaily on x 21.8K followers
Created: 2024-06-10 07:04:47 UTC
FY2024 results from $JSEOMN Omnia as expected no real shocks + special dividend paid
It was all about agriculture. Strong sales volumes BUT as global fertilizer prices have heavily fallen post Russia/Ukraine, profits lower
The real kicker was improved contribution form mining explosives division BME
Omnia revenue R21,84bn (-16%) all fertilizer related Operating Profit R1,741m (-12%) combination of -XXXX% decline in agriculture & slide of -XXXX% in Protea Chemicals offset by +26.5% from BME
BME R999 million had a great period driven by +12.3% rise in SA profits to R419m & +39.1% to R580m within international on customer wins & extensions to contracts
Agriculture R992 million. South Africa fell -XXXX% to R694m was revenue -XX% and profit -XX% all from lower selling prices despite higher volumes
Agriculture international side was only down -XXX% to R298m with growth in Australia & Brazil (+3.2%) to R130m offsetting some of Africa's decline of -XX% to R168m
Protea R11 million. Dire. Why they keep this division is beyond me, but they keep saying "we can fix it". Lower commodity prices and loss of market share slammed
Dividend. Year end dividend remains unchanged at XXX cents per share BUT #OMN pay a special of XXX cents per share to record XXX cents per share (+86.7%).
Mag't detailed they wanted to return the 2000 cents rights issue (held 2019) money to shareholders from increased & special dividends. That been done & exceeded
Good #OMN working capital management & cash on hand at YE R2,301 million
#OMN tax dispute drags on & on
Results presentation at 11.00am today
XXXXX engagements
