Omnia's share price increased 1.87% to R101.97 after the release of a trading statemen warning that headline earnings per share is expected to increase by 1.87% to R101.97 for the year to March 31, 2026.
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Omnia Holdings said headline earnings per share (HEPS) is expected to increase by between 17% and 23% during the year to March 31, from 704 cents for the year before.
The chemicals and mining explosives group said in a trading statement on Monday that HEPS is expected to be between 824 cents and 866 cents for the year ended March 31, 2026.
Total earnings per share is expected to increase by between 21% and 27% from 692 cents for the period to earnings per share of between 837 cents and 879 cents.
Directors said that a successful execution of their strategy, strong cash generation, and an enhanced financial performance underpinned what they said was likely to be a “robust financial and net cash position.”
The group's net cash position at March 31 was R1.68 billion compared to R1.77bn in the prior year. Omnia expects to release its results for the year ended March 31, on or about June 8, 2026.
At an Avior investment conference in March, Omnia’s directors noted that said the group continued to hold significant potential for growth and returns over the medium term.
The conference delegates heard that additional growth generation initiatives over the medium term included better efficiencies in the agriculture division, expense management and growth in primary African markets in the mining segment, while operations rationalisation and disposal of non-core assets was a focus in the chemical division.
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