ORI News: Basic Materials Roundup: Market Talk - 16th Feb 2024, 10:43pm

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2228 GMT – Orica trading update is a meaningful boost to confidence, Jefferies says. Orica yesterday said 1H earnings from continuing operations are on a slightly better trajectory than the outlook it provided at its FY 2023 result in November. “We remain of the view that forecast double-digit EPS growth over the next two years, the potential for further positive EPS revisions and the flexibility provided by the strong balance sheet should deliver further share-price outperformance ove...

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