Orica Trading Update Exudes Optimism -- Market Talk

Dow Jones
Sep 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)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10