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