Orica Ltd
ORI: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^Ly | LOCK|&rf | LOCK|v$ltVP! |
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%.
