Orica Trading Update Exudes Optimism -- Market Talk

Dow Jones
09/05

0125 GMT - Orica's projection of more earnings growth across all its business units is encouraging, according to Citi analyst William Park. Orica's trading update exudes optimism and is "testament to ORI's unwavering focus on commercial discipline," Park says in a note. He expects Orica's specialty mining chemicals arm to gain more momentum heading into FY 2026. Its digital solutions business also appears well placed to benefit from Orica's geographical reach and an improvement in exploration activity, Park says. Citi has a buy rating and A$20.65 target on Orica. "We remain upbeat on ORI's outlook beyond FY25," says Park. The stock is up 1.1% at A$20.985. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

September 04, 2025 21:25 ET (01:25 GMT)

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