Macroeconomic environment proves positive for mining and agricultural units, with the weaker rand lifting profit performance SPECIALISED chemical products and services company Omnia Holdings has reported a rise in diluted headline earnings per share to 1,249c for the year ended March, from 957.3c a year ago.Profit for the year was up 40% to a record high R880m. Revenue grew 24% to R13.5bn on the back of volume and sales price increases in the mining and agriculture divisions.Operating profit was 39% higher at R1.234bn, boosted by improved operating margins in the mining and agriculture divisions but offset by a reduction in the operating margin of the chemicals division.A final dividend of 270c per share was declared, for a total dividend of 420c per share — up 50% on the previous year.The company said the macroeconomic environment for the year had been exceptionally positive for its mining division, good for its agriculture division and difficult for the chemicals division.The glob...
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