Q1Results2019

Press Release

Get in touch with our Press teams

Olam International Q1 2019 PATMI up 6.9% at S$168.8 million

Press release 14th May, 2019

HIGHLIGHTS

  • EBITDA grew 14.2% to S$420.3 million on increased contribution from Edible Nuts and Cocoa 
  •    PATMI up 6.9% at S$168.8 million as higher operating performance (EBITDA) was partly offset by increased depreciation and finance costs 
  • Positive Free Cash Flow to Equity of S$313.0 million 
  • Improved net gearing to 1.35x from 1.49x a year ago 
S$ million  Q1 2019  Q1 2018  % Change
Volume ('000 MT) 8,460.6 6,965.2  21.5 
Revenue 7,347.9 6,295.4  16.7 
EBITDA  420.3  368.1  14.2 
PAT 158.8 150.4  5.6 
PATMI 168.8 157.9  6.9
Operational PATMI  181.0  162.6  11.3
About Olam International Limited
Issued on behalf of Olam International Limited by:

WATATAWA Consulting, 77 Robinson Road, Robinson 77 #33-00, Singapore 068896 

Contacts for Olam Investor Relations
  • Aditya Renjen
  • Senior Vice President
  • +65 66031104, 96570339
  • aditya.renjen@olamnet.com
  • Chow Hung Hoeng
  • General Manager
  • +65 90610353
  • jchew@we-watatawa.com
Contacts for WATATAWA Consulting
  • Josephine Chew
  • Managing Director
  • +65 90610353
  • jchew@we-watatawa.com

Want to get the latest from Olam? Subscribe for latest updates.

Close