Tariffs key focus for Australian chemicals ahead of interim results

Dyno Nobel

07/05/2025 05:08

** Shares of Australian chemical firms Orica ORI.AX and Dyno Nobel DNL.AX rise 1.2% and 1.3% respectively on the day

** Orica and Dyno Nobel to report 1H25 results on May 8 and May 12 respectively

** UBS says heightened global macro volatility will be key area of focus for investors

** Brokerage says investors to look out for impact of global tariffs on U.S. quarry and construction activity, underlying demand for global mine production volumes and direct tariff impact on cost of goods sold

** UBS highlights Orica's 1H25 growth has been tracking better than planned, forecasts better performance from core Blasting Solutions business

** Brokerage notes Australian weather conditions to weigh on Dyno Nobel's 1H25 earnings, expects EBIT to be heavily skewed to 2H25 and anticipates share buyback program

** YTD, Orica up 0.6% and Dyno Nobel down 19.1%

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))