olam-international-reports-strong-operational-results-for-12m-2015

Press Release

Get in touch with our Press teams

Olam International reports strong operational results for 12M 2015

Press release 29th Feb, 2016
  • 12M 2015 Operational PATMI (excluding exceptional items) up 20.1% to S$346.2 million
  • 12M 2015 PATMI loss of S$64.3 million due to a net exceptional loss of S$397.0 million (against a net exceptional gain of S$302.9 million in 12M 2014)
  • Q4 2015 Operational PATMI down 16.2% to S$88.2 million
  • Q4 2015 PATMI loss of S$221.3 million due to a net exceptional loss of S$296.1 million
  • Q4 2015 and 12M 2015 results include an impact of S$192.6 million due to a change in the basis of presentation of the equity investment in PureCircle Limited from Other Comprehensive Income to the profit and loss statement
  • Entered into a strategic partnership with Mitsubishi Corporation and raised S$915.0 million of new equity capital
  • Board recommends a final dividend of 3.5 cents per share, taking total dividend for the 18-month financial year to 6.0 cents per share
Consolidated Financial Results for the period ended December 31 (S$ million) 12M 2015 12M 2014 % Change Q4 2015 Q4 2014 % Change
Volume (‘000 MT) 12,506.7 14,021.9 (10.8) 3,692.4 3,371.4 9.5
Revenue 19,052.6 19,772.0 (3.6) 5,448.4 4,879.4 11.7
EBITDA 1,122.8 1,106.6 1.5 313.1 283.2 10.5
PAT (66.0) 630.3 n.m. (208.9) 120.6 n.m.
PATMI (64.3) 591.0 n.m. (221.3) 118.7 n.m.
Operational PATMI 346.2 288.1 20.1 88.2 105.1 (16.2)
Segment Sales Volume Revenue EBITDA
Q4 2015 Q4 2014 Q4 2015 Q4 2014 Q4 2015 Q4 2014
Edible Nuts, Spices and Vegetable Ingredients 463.7 239.8 1,120.6 1,008.8 91.0 70.5
Confectionery and Beverage Ingredients 473.2 370.4 1,956.6 1,493.4 127.0 93.2
Food Staples and Packaged Foods 2,423.5 2,360.9 1,743.5 1,892.6 48.2 70.3
Food Category 3,360.4 2,971.1 4,820.7 4,394.8 266.2 234.0
Industrial Raw Materials (IRM) 332.1 400.3 628.1 484.5 55.4 54.9
Commodity Financial Services (CFS) N.A. N.A. 0.3 0.0 (8.5) (5.6)
Non-Food Category 332.1 400.3 627.8 484.5 46.9 49.3
Total 3,692.4 3,371.4 5,448.4 4,879.4 313.1 283.2
Segment Sales Volume Revenue EBITDA
12M 2015 12M 2014 12M 2015 12M 2014 12M 2015 12M 2014
Edible Nuts, Spices and Vegetable Ingredients 1,549.2 1,527.2 4,227.2 3,692.3 390.2 335.5
Confectionery and Beverage Ingredients 1,689.5 1,437.1 6,859.6 5,721.8 324.9 278.3
Food Staples and Packaged Foods 7,904.9 9,356.4 5,391.2 7,187.3 212.1 295.2
Food Category 11,143.6 12,320.7 16,478.0 16,601.4 927.2 909.0
Industrial Raw Materials (IRM) 1,363.1 1,701.2 2,574.6 3,170.6 185.1 215.6
Commodity Financial Services (CFS) N.A. N.A. 0.0 (0.1) 10.6 (17.9)
Non-Food Category 1,361.1 1,701.2 2,574.6 3,170.5 195.7 197.7
Total 12,506.7 14,021.9 19,052.6 19,771.9 1,122.8 1,106.6
Download
About Olam International Limited
Issued on behalf of Olam International Limited by:

WATATAWA Consulting, 28 Maxwell Road #03-03 Red Dot Traffic Building Singapore 069120

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

Close