May 9 (Reuters) - Orica Ltd (ORI) :
- Orica 2016 half year financial results (ORI)
- Expected that the market will remain challenged for the foreseeable future"
- Board expects the total payout ratio to be in the range of 40 to 70 percent of underlying earnings"
- Will see capital expenditure for FY 2016 of approximately $320 million
- Expects global explosives volumes in the range of 3.45 million tonnes in FY 2016
- FY 2016 effective tax rate (excluding individually material items) to be slightly lower than FY 2015
- Approximately $85 million negative impact is expected from price resets and contract renewals in FY 2016
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News: ORI Orica Ltd updates on FY16 outlook
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Open | High | Low | Value | Volume |
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21.500 | 616 | 2 |
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