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Omnia declares R1.4bn dividend, boasts 123% growth in operating profit.

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JSE-listed chemicals manufacturing group Omnia Holdings experienced favourable market conditions in the agriculture and mining sectors in the financial year ended March 31, including high commodity prices, which helped boost its operating profit by 123% year-on-year to R1.7-billion.

The board declared a total shareholder distribution of R1.4-billion, comprising an ordinary dividend of 275c apiece and a special dividend of 525c apiece.

The company says its latest results reflect an exceptional operating performance, which was enhanced by diligent strategic execution.

20 Jun 2022 4AM English South Africa Business News · Investing

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