0113 GMT - Orica's remarks at its annual general meeting appear to be "slightly more positive" than commentary the explosives maker provided alongside its FY result last month, RBC Capital Markets says in a note. "The company stated that it had started the 2026 financial year with 'strong' momentum as opposed to the November characterization of 'good' momentum," says the broker. RBC forecasts 6% Ebit growth and 13% EPS growth for Orica in FY 2026, on revenue growth of 5%. The broker reiterates an outperform rating and A$27.50 target on Orica. The stock is up 2.1% at A$24.18.(rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
December 15, 2025 20:13 ET (01:13 GMT)
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