Omnia (OMN) investor relations material

Executive summary

• H1 FY27 revenue rose 1.7% to R11,410m; operating profit increased 26.1% to R1,135m and profit for the period rose 29% to R702m.

• Higher selling prices, Mining strength, operational improvements and portfolio diversification supported profitability despite lower overall sales volumes and geopolitical disruption.

• 99.97% of votes cast supported Solar SA Investments’ R134.50-per-share offer; completion remains conditional, with implementation and delisting anticipated in June 2027.

Financial highlights

• Revenue increased 1.7% to R11,410m; gross profit rose 6% to R2,575m and gross margin improved to 22.6% from 21.7%.

• EBITDA increased 21% to R1,434m; operating profit rose 26.1% to R1,135m and operating margin reached 9.9%, versus 8.0% in H1 FY26.

• Profit for the period rose 29% to R702m; EPS increased 31% to 428 cents and HEPS rose 24.7% to 399 cents.

• Operating profit benefited from non-core asset disposal gains, including R70m in Chemicals; distribution and administration expenses declined 2% year on year.

Outlook and guidance

• Medium-term through-the-cycle operating margin guidance is 9%–11% for the Group, 10%–12% for Agriculture and 9%–12% for Mining; H1 margin was 9.9%.

• Agriculture H2 manufacturing volumes and cost recoveries are expected to improve after planned shutdowns; softer crop prices, input costs and possible El Niño dryness may weigh on demand and margins.

• Mining growth opportunities include geographic diversification, new contracts and technology rollouts, with margin protection and cost discipline remaining priorities.

• Chemicals expects challenging trading conditions; priorities include non-core disposals, Bulk Trade growth and improved volumes and margins through cost control and reliable supply.