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    O32   SG1Q75923504

OLAM INTERNATIONAL LIMITED

(O32)
  Report
End-of-day quote. End-of-day quote Singapore Stock Exchange - 06/24
1.67 SGD   +1.21%
06/23OLAM INTERNATIONALá : Launches $447 Million Rights Issue
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06/23REPL : :Rights::Voluntary
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06/22Singapore Shares Close Lower; Olam International's Stock Drops 5% on Weaker Net Profit
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Olam International : CEO says economic recovery from COVID-19 will be painfully slow

11/19/2020 | 09:54am EDT
FILE PHOTO: Olam's co-founder and Group Chief Executive Officer Sunny Verghese speaks during an earnings announcement in Singapore

LONDON (Reuters) - The chief executive of one of the world's largest agri-commodity trade houses said on Thursday global economic growth will only return to pre-pandemic levels by the end of 2022 at the earliest.

"I don't see V-shaped recovery. We've come down in an escalator, but we're going to go back up the stairs," Sunny Verghese of Olam International said at the World Cocoa Foundation (WCF) conference.

The comments came as recent positive data from two COVID-19 vaccine trials have spurred hopes the global economy will be back on track by next year. [MKTS/GLOB]

Singapore-based Olam sources food ingredients from around five million farmers globally, and operates over 180 food processing facilities around the world.

(Reporting by Maytaal Angel; Editing by Mark Potter)

By Maytaal Angel


ę Reuters 2020
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Financials
Sales 2020 35 881 M 26 716 M 26 716 M
Net income 2020 246 M 183 M 183 M
Net Debt 2020 10 943 M 8 148 M 8 148 M
P/E ratio 2020 26,2x
Yield 2020 4,90%
Capitalization 5 359 M 3 989 M 3 990 M
EV / Sales 2019 0,47x
EV / Sales 2020 0,44x
Nbr of Employees 39 192
Free-Float 68,9%
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Consensus
 
Mean consensus -
Number of Analysts
Last Close Price 1,67 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
NameTitle
Sunny George Verghese Group Chief Executive Officer & Executive Director
Neelamani Muthukumar Group Chief Financial Officer & Managing Director
Ah Doo Lim Non-Executive Chairman
Jagdish Achleshwar Prasad Parihar Chief Risk & Compliance Officer, Managing Director
Sanjiv Misra Independent Non-Executive Director
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