Dyno Nobel Limited reported its FY25 results with underlying EBIT for the Explosives segment at $384.0 million, reflecting a 16% increase from the previous year. Total underlying EBIT for Dyno Nobel reached $413.0 million. The company highlighted a 19% reduction in Total Recordable Injury Frequency Rate (TRIFR) and noted strong explosives performance, with three successful manufacturing facility turnarounds completed. Dyno Nobel also announced the signing of the Nitradyn joint venture in October 2025 and delivered net transformation initiatives totaling $134.0 million across FY24 and FY25. The company's ambition for FY28 is to achieve approximately $600.0 million in underlying EBIT, subject to execution of its strategy.