Omnia keeps profits steady, rewards investors despite sector strains

JSE-listed chemicals company Omnia announced that its revenue increased by 3% to R22.8 billion and headline earnings per share (Heps) nudged 1% higher to 704 cents for the year ended 31 March 2025.

The company, which supplies fertiliser and chemicals to the agriculture and mining sectors, said on Monday it maintained operating profit at R1 698 million, slightly lower than the same period last year when it came in at R1 703 million.

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“Despite persistent macroeconomic headwinds, Omnia delivered sustained profitability and continued to create long-term value for shareholders. This performance reflects the strength, quality, and growing diversity of our portfolio, underpinned by a sharpened focus on manufacturing efficiency, supply chain resilience, and customer-driven innovation,” says Omnia CEO Seelan Gobalsamy.

Segmental performance 

The Mining segment continued on its robust growth trajectory, delivering increased volumes, improved profitability, and enhanced margins. Both Mining RSA and Mining International contributed positively to the results.

Revenue increased 10% to R9 121 million, and operating profit increased 13% to R1 129 million.

The group said security of supply to customers was maintained throughout the year, with SADC continuing to grow volumes. The operations in Indonesia, West Africa, the SADC region, and BME Metallurgy contributed to increased revenues.

“The Mining segment is well-positioned for continued growth across its primary markets. Although sector pressures persist in South Africa, the business is focused on driving organic growth. Increased demand for uranium, copper, and green metals is expected to drive SADC region mining volumes. At the same time, operational efficiencies and profitability will be prioritised in West Africa amidst ongoing regional risks,” says the group.

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For the Agriculture segment, the company says operational agility, a favourable product mix, and stable, albeit lower, commodity prices supported the overall performance.

Although revenue was down 2% to R11 541 million, operating profit increased by 3% to R981 million.

Agriculture RSA achieved increased volumes, with demand underpinned by Omnia’s differentiated Nutriology(R) model, favourable agronomic conditions, targeted marketing initiatives, and enhanced operational agility.

Agriculture International reported robust domestic volumes in Australia and increased exports, supported by growing demand for biostimulants and continued investment in developing its distribution capability.

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The Chemicals division, which is undergoing a significant restructuring, saw its revenue increase 2% to R2 156 million. However, it incurred an operating loss of R133 million. The operating margin was down to 6.2%.

The group noted that restructuring costs of R99 million were incurred during the period.

Key measures included site and product rationalisation, separating the profitable Water Care business held for sale, and integrating the profitable Chemicals trading business into the broader Omnia Group.

“These actions, which are expected to be completed in FY26, aim to realign the segment with prevailing market demands, improve operational efficiency, and support long-term sustainability and growth,” says the group.

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Omnia has declared a final gross ordinary dividend of 400 cents per ordinary share and a special gross dividend of 275 cents, payable in cash from income for the year ended 31 March 2025.

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