SGX:VC2Consumer Retailing
Olam Group (SGX:VC2) Stock Grapples With Thin Margins And Weak Interest Cover
Olam Group shares closed at S$1.20 on Friday after a choppy few weeks, with the stock down almost 10% over seven days. Yet the headline from this half year is not the share price; it is how thin the business now runs. Trailing net profit margin sits at 0.1% and interest costs have not been well covered by recent earnings.
For anyone thinking beyond today’s tick-by-tick moves, this earnings release is really a story about balance sheet strain versus growth hopes. Forecasts in the release point...