section 1 results at a glance - omnia...

Omnia’s business model is focused on value creation and has increased profitability for 2015.

SECTION 1

RESULTS AT A GLANCE

2

FINANCIAL RESULTS AND HIGHLIGHTS

Revenue at an all time high of

R16.8 billion

Operating profit up

4%R1 476 million

Headline earnings per share up 2.6%

1 465 CENTS PER SHARE

Debt: equity ratio

12.3%

+9 400CUSTOMERS

COUNTRIES

4 027 employees

21

up 3.5% year-on-year

Operating profit margin at

8.8%

SECTION 1

3Omnia Holdings Limited Integrated annual report 2015

FINANCIAL RESULTS AND HIGHLIGHTS CONTINUED

31 March2015

%Change

31 March2014

in Rm

Revenue 16 835 4 16 259

EBITDA 1 829 7 1 711

Operating profit 1 476 4 1 416

Profit for the year 934 (6) 992

Profit attributable to owners of Omnia Holdings Limited 939 (6) 996

Cash generated from operations 1 846 4 1 769

Cash available from operating activities 466 (65) 1 315

Capital expenditure 587 (31) 855

Equity 6 642 12 5 912

Net debt 820 100 335

Market capitalisation 11 639 (18) 14 193

in cents per share

Basic earnings 1 402 (6) 1 496

Diluted basic earnings 1 308 (3) 1 344

Headline earnings 1 465 3 1 428

Diluted headline earnings 1 366 6 1 283

in respect of the previous financial year

– Final dividend paid 290 7 270

in respect of the current financial year

– Interim dividend paid 190 3 185

– Final dividend declared subsequent to year end 300 3 290

Total dividend 490 3 475

Net asset value per share 9 844 11 8 867

Ratios in %

Net debt to equity 12 6

Return on average equity 15 18

REVENUE AND OPERATING PROFIT

2011

Reve

nue

(Rbn

)

Oper

atin

g pr

ofit

(Rm

)

20132012 2014 20150

6

12

18

Revenue Operating profit

0

400

800

1 200

1 600

9.3

10.8

13.416.3 16.8

686

881

1 2311 416

1 476

4

2015 2014

Shares

Shares in issue at year end 1 67 471 010 66 677 592

Market capitalisation at year end R million 11 639 14 193

Market value per share

– At year end R 172.50 211.05

– High during the year R 242.00 221.76

– Low during the year R 167.00 153.62

Value of shares traded during the year R million 6 712 5 914

Volume of shares traded during the year million 33 31

Share volumes traded as percentage of total shares in issue % 48.8 45.7

Key Ratios

Operating margin % 8.8 8.7

Profit before tax (percentage of revenue) % 7.9 8.2

Profit after tax (percentage of revenue) % 5.5 6.1

Effective tax rate % 29.8 25.4

Return on average equity % 14.9 18.3

Gearing ratio % 12.3 5.7

Current ratio 1.6 1.5

Net debt: EBITDA cover 0.4 0.2

EBITDA finance cost cover 12.6 19.7

Dividend cover 2.9 3.1

Operating profit margin by division

Agriculture (FY2015 target of 8%-10%) % 9.0 6.5

Mining (FY2015 target of 15%-16%) % 13.5 15.2

Chemicals (FY2015 target of 4.5%-5.5%) % 2.4 3.8

1 excluding treasury shares of 822 342 (2014 : 572 233)

1112131415

PROFIT AFTER TAX (Rm)

451629

880992

934

1112131415

EBITDA (Rm)

8561 070

1 5751 711

1 829

REVENUE BY DIVISION

Rm

• Agriculture 7 287• Mining 5 351• Chemicals 4 197

OPERATING PROFIT BY DIVISION

Rm

• Agriculture 656• Mining 720• Chemicals 100

SECTION 1


ABOUT US

Omnia Holdings Limited is a diversified Group with specialised services and solutions for the agricultural, mining and chemicals industries. As a Group, Omnia creates customer wealth by leveraging knowledge.

The Group differentiates itself from other commodity chemical providers by adding value at every stage of the supply and service chain through technological innovation and by deploying our intellectual capital. The sustainability of the business model is strengthened based on targeted backward integration through the installation of technologically advanced plants to manufacture core materials such as nitric acid and explosives emulsions. In addition to securing sources of supply, this enables us to improve operational efficiencies throughout the product development and production cycle.

Omnia, which has its roots in the fertilizer and agricultural industry, has built an in-depth understanding not only of its core markets in South Africa, but also in the fundamental industries of mining and agriculture in Africa. Based in Johannesburg, South Africa and with operations in 16 countries in Africa, including South Africa, and 6 countries outside Africa, Omnia has more than six decades of experience in the business. Additionally, Omnia continues to grow its global footprint, with business units in Australasia, Brazil and Mauritius and clients in other regions such as Europe, South America and South East Asia.

Omnia provides customised, knowledge-based solutions through our Agriculture, Mining, and Chemicals divisions. Our divisions include Omnia Fertilizer, BME, Protea Mining Chemicals and Protea Chemicals, all niche businesses that operate with a common objective – to enhance our customers’ businesses through research, development and knowledge sharing that will equip the customer to increase yields and by extension, profit margins.

The Group’s proven business model makes it a market leader in chemical services. Omnia continues to grow and prosper, offering extraordinary value to its customers by tailoring its solutions to their business needs through product and service innovation, with the expert application thereof.

GROUP PROFILE

Omnia is distinguished by its culture of transparency and integrity. Our prosperity has taught us that assisting others, assists us.

EXCELLENCE TRUST INNOVATION INTEGRITY COLLABORATION KNOWLEDGE

Strong distinctive culture (feet in the past but eyes to the future)

Combine values of family business with strength of professionally

managed public company (best of

both worlds)

Robust spirit of enterprise (thinking

on our feet)

Reputation for highest levels of integrity (living our values)

Working closely with our customers

(adding value)

Driven by values

OUR VALUES

+ + + + =

“Omnia provides customised, knowledge-based solutions through our Agriculture, Mining, and Chemicals divisions.”

6

OUR VISIONCreating customer wealth by leveraging knowledge

Omnia is committed to playing a role in the development and growth of the agricultural, mining and chemical sectors. We have years of experience and extensive knowledge which we integrate into our services to facilitate the growth of the sectors forming our client base. We strive to help these sectors grow as we have grown and prospered through long term sustainable relationships with customers.

1SECTION


SERVICE THROUGH

KNOWLEDGE

PRODUCTSDIFFERENTIATED

International strategyValue

COMMODITIES

BUSINESS MODEL

OUR VALUE PROPOSITION

We differentiate ourselves from other commodity chemical suppliers by applying our intellectual capital and technologies to all key points along our supply and service chains. This enables Omnia to create value throughout by tailoring our products and services to the specific and changing needs of our customers.

Our business model has been tried and tested over many years, and continues to be fine-tuned as our markets and customers evolve. We sustain and grow our business by continuously enhancing the value we offer to our local and international customers through product innovation, growing our intellectual capital and working to further raise our already exceptional service levels. A continuous feedback loop with our customers at all points of engagement keeps our business model on track.

8

OUTCOMES:• Efficient water use• Secure food supply• Increased agricultural yields

STRATEGIC RELATIONSHIPS:• Farmers• Government• Industry bodies

R191m R234m R1 455m R1 435m R322m

To providers of finance

To govern-ments

Reinvested On salaries To providers of capital

R3 693mINPUTS:VALUE DISTRIBUTED:

OUTPUTS: • Fertilizer• Consulting• Nutriology

AGRICULTUREOMNIA GROUPA

MC

A

MC

A

MC

A

MC

EMPLOYEES

1 669

41.4% 32.8% 25.8%EMPLOYEES

1 320EMPLOYEES

1 038EMPLOYEES

4 027

100%

REVENUE REVENUE REVENUE

R7 287m

43.3%R5 351m

31.8%R4 197m

24.9%

REVENUE

R16 835m

100%

R ?R ?R ?R ?R ?R ?Funding Electricity PlantsWater Knowledge Transport Brand

reputationWorkforce

KNOWLEDGE AND PRODUCTS MEET TO MAKE A DIFFERENCE

OPERATING PROFIT

R1 476m100% OPERATING PROFIT

R656m44.4%OPERATING PROFIT


R100m

16

6.8%


R ? R ?Funding Funding

OUTCOMES:• Treated drinking water• Renewable energy

OUTCOMES:• Enhanced safety• Enhanced productivity

STRATEGIC RELATIONSHIPS:• Suppliers• Industrial sector• CAIA

STRATEGIC RELATIONSHIPS:• Mining sector in Africa• Government and regulatory bodies

INPUTS:INPUTS:

OUTPUTS: • 10 000 products

OUTPUTS: • Bulk explosives• Consulting• Mining accessories

MINING CHEMICALSA

MC

A

MC

A

MC

A

MC

A

MC

A

MC

A

MC

A

MC

EMPLOYEES

1 669

41.4% 32.8% 25.8%EMPLOYEES

1 320EMPLOYEES

1 038EMPLOYEES

1 669

41.4% 32.8% 25.8%EMPLOYEES

1 320EMPLOYEES

1 038


R7 287m

43.3%R5 351m

31.8%R4 197m

24.9%


R7 287m

43.3%R5 351m

31.8%R4 197m

24.9%

OPERATING PROFIT



R100m

16

6.8%OPERATING PROFIT



R100m

16

6.8%

R ?R ?R ?PlantsKnowledge Transport Brand

reputationWorkforceR ?R ?R ?

PlantsKnowledge Transport Brand reputation

Workforce

SECTION 1


A BUSINESS MODEL FOR LONG-TERM SUSTAINABILITY

Omnia has a balanced presence in sectors that are essential to the sustainable use of the world’s finite resources, and will play a key role in sustaining Africa’s future development. We will continue to develop and leverage our intellectual property to add focused value to the agriculture, mining and chemicals markets in Africa and abroad.

11

section 1 results at a glance - omnia...

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