Olam Group LimitedSGX: VC2

Olam International: Record EBIT growth and stable gearing despite volatile commodity markets and industry downturn

· Issued by Olam Group Limited

Group achieved record volumes and revenue, with EBIT up 9% year-over-year. OFI delivered strong EBIT growth despite unprecedented commodity volatility, while Olam Agri outperformed peers in a tough industry downturn. Adjusted gearing remained stable amid higher working capital needs.

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