Olam Group Ltd 2019 IR
The report highlights Olam International's performance and strategic progress in 2019, marking its 30th anniversary. The company achieved a 25.6% increase in EBITDA to S$1.55 billion and a 62.2% increase in PATMI to S$564.1 million. Olam successfully executed the first year of its 2019-2024 Strategic Plan, which included key acquisitions like Dangote Flour Mills and BT Cocoa, alongside S$488.1 million in cash release from divestments. Additionally, the company announced a major re-organisation into two new operating groups, Olam Food Ingredients (OFI) and Olam Global Agri (OGA), to unlock long-term value.
Company: Olam Group Ltd
Sector: Wholesale & retail
Country: Singapore
Year: 2019
Type: IR
Pages: 298
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Olam Group Ltd
Annual Report
The report highlights Olam International's performance and strategic progress in 2019, marking its 30th anniversary. The company achieved a 25.6% increase in EBITDA to S$1.55 billion and a 62.2% increase in PATMI to S$564.1 million. Olam successfully executed the first year of its 2019-2024 Strategic Plan, which included key acquisitions like Dangote Flour Mills and BT Cocoa, alongside S$488.1 million in cash release from divestments. Additionally, the company announced a major re-organisation into two new operating groups, Olam Food Ingredients (OFI) and Olam Global Agri (OGA), to unlock long-term value.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Workplace Fatalities
Net Zero Target
Employees