Omnia reports strong cash position, flags higher full-year earnings
Omnia expects to report a 21% to 27% increase in earnings per share (EPS) to between R8.37 and R8.79 for the financial year ended March 31, compared with the EPS of R6.92 reported for the 2025 financial year.
The chemicals group, which plans to publish its results for the financial year on June 8, also expects to report a 17% to 23% increase in headline earnings per share (HEPS) to between R8.24 and R8.66, compared with the HEPS of R7.04 reported for the prior financial year.
It states in a trading update that the ongoing successful execution of the group’s strategy, strong cash generation and an enhanced financial performance underpins the group’s robust financial and net cash position. Its net cash position as at March 31 was R1.68-billion, compared with R1.77-billion in the prior year.