Omnia (OMN) H2 2026 earnings summary

Executive summary

• Achieved strong financial performance with revenue up 6% to ZAR 24.2 billion and operating profit up 28% to ZAR 2.2 billion year-over-year, driven by disciplined strategy execution and robust core operations despite a challenging macroeconomic environment.

• EBITDA increased 21% to ZAR 2.8 billion, with headline EPS up 21%.

• Sustained cash generation enabled increased ordinary and special dividends, supported by a strong balance sheet and disciplined capital allocation.

• Strategic diversification in Mining and international investments contributed to volume growth and margin resilience.

• Significant progress in ESG initiatives, including reduced CO2 emissions, expanded solar energy projects, and improved safety performance.

Financial highlights

• Revenue: ZAR 24.2 billion, up 6% year-over-year; operating profit: ZAR 2.2 billion, up 28%; EBITDA: ZAR 2.8 billion, up 21%.

• Ordinary dividend of ZAR 4.70 per share (up 18%) and special dividend of ZAR 2.80 per share declared.

• Return on equity rose to 12.9%.

• Net profit after tax up 25% to ZAR 1.4 billion.

• Net working capital to revenue ratio at 15.5%, reflecting efficient management.

Outlook and guidance

• Medium-term operating margin guidance revised upward to 9–11% for the group, with further upside expected as international mining investments mature.

• Focus on disciplined execution of growth, with investments in core SADC, AgriBio, and mining international businesses.

• Anticipates continued volume and margin growth, especially as Canada and Australia operations scale.

• Agriculture faces near-term pressure from higher input costs and softer grain prices, but NutriologyⓇ model supports margin resilience.

• Cost optimisation and ESG initiatives to support further margin and ROE improvement.