Chemicals and fertiliser group Omnia may announce a special dividend after further whittling down its net debt, which has been an albatross around its neck since 2019 after the acquisition of two companies, one of which has since been sold.

Omina said on Friday in a trading statement for the year to end-March that it was in a net cash position after its underlying businesses fared better than expected in the financial year and it received proceeds from the sale of Oro Agri, which was acquired in 2018...

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