Olam posts S$1.75 bln divestment gains in H1 2026, leverage falls to 0.93x
Singapore-based agribusiness firm Olam International reported S$1.75 billion in divestment gains for the first half of 2026, reducing net debt leverage to 0.93 times.
Olam International Ltd. said on Tuesday it recorded S$1.75 billion in divestment gains during the first half of 2026, contributing to a decline in its net debt-to-equity ratio to 0.93 times.
The Singapore-based agribusiness firm attributed the gains to asset sales executed in the period, which included the disposal of non-core businesses and investments. The divestments were part of a broader strategy to streamline operations and reduce leverage, the company stated.
Olam’s leverage ratio, a key metric for creditors and investors, fell from 1.02 times at the end of 2025 to 0.93 times as of June 30, 2026. The reduction reflects the company’s focus on optimizing its balance sheet amid a challenging macroeconomic environment.
The firm did not disclose specific asset sales in the announcement but noted that proceeds from divestments were used to repay debt and strengthen liquidity. Olam’s management highlighted the progress in its portfolio review, which aims to enhance shareholder value through targeted asset monetization.
Olam International is a global agribusiness and food ingredient supplier with operations across 60 countries. The company has been restructuring its portfolio to focus on higher-margin, core businesses in recent years.
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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