Dyno Nobel Ltd
DNL: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|x# | LOCK|Jf | LOCK|!%hrY! |
Incitec: Continued Earnings Momentum; Fertilizer Selldown and Buybacks
Distributor of explosives and fertilizer, Incitec's fiscal 2025 outlook remains broadly in line with that provided in November 2024. This includes a subjective build on underlying fiscal 2024 momentum with a focus on price and cost discipline, though with maintenance detracting.
