Orica Ltd

ORI: XASX (AUS)
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Orica: Forecasts Trimmed as Blasting Solutions Face Near-Term Headwinds

Orica says strong momentum from fiscal 2025 has continued into fiscal 2026, with first-half EBIT expected to be slightly higher than a year ago. But EBIT in the core blasting solutions segment will be slightly lower due to currency headwinds and reduced Indonesian coal quotas. Shares fell about 3%.

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