SINGAPORE (Feb 28): Olam International reported 4Q earnings of $102.2 million, compared to a loss of $269.4 million last year on improved operational performance and lower exceptional losses.
Operational PATMI, which excludes exceptional items, more than doubled to $102.3 million.
EBITDA rose 34.4% to $349.0 million on the back of a strong performance from Confectionery & Beverage Ingredients and Food Staples & Packaged Foods, which offset declines in other business segments.