Omni post strongest quarter since listing
A little over a year after listing on the Junior Market of the Jamaica Stock Exchange, thermoplastics manufacturer Omni Industries Limited has reported its strongest quarterly performance to date.
For the third quarter ended September 30, 2025 revenues for the Twickenham Park-based entity climbed to $587 million as its net profit rose to $58.5 million.
The company’s robust third-quarter results — reflecting a 37 per cent year on year increase in sales and 54 per cent uplift in profitability— came despite rising input costs, shipping delays and ongoing global uncertainty. However, nine-month revenues remained flat at $1.57 billion as profit dipped to $140.9 million.
Commenting on the quarter’s performance, Managing Director Patrick Kumst attributed the results to disciplined execution of a well-structured operational plan and continued investment in production capacity.
“Our performance this quarter is not by chance. It really came down to reinvesting, tightening up how we manage costs and staying focused on what the market needs, both here and regionally,” he said.
Following a number of shipments to new markets in the Caribbean and other parts of the world since the start of this year, Omni’s management has been strategically positioning the business to secure at least 20 per cent of its revenues from export.
For the period under review, the company’s construction-related product line remained its largest revenue driver, accounting for approximately 58 per cent of total sales. Strong demand from the building sector helped to offset some of the external shocks associated with volatile foreign exchange movements and increased import costs.
The recent commissioning of a new injection-moulding machine has further strengthened operations, enhancing export readiness, product diversity, and manufacturing precision.
“These upgrades are already translating into higher efficiency and stronger output consistency across manufacturing divisions,” Kumst noted.
With the third quarter unfolding ahead of this year’s active hurricane season, the company’s directors said its approach remained proactive. Over the period, the company took pre-emptive steps to maintain product availability as it carefully managed inventory in the face of global trade disruptions and new tariff measures.
A part of its strategy was the temporary sourcing of materials from non-traditional suppliers— an approach that raised input costs, but ensured uninterrupted production and customer service.
“Continuity matters as much as profitability,” Kumst said. “We made strategic choices to keep our production lines running and our customers supplied, even if that meant tighter margins in the short term. The priority for us was protecting long-term relationships and national supply chains. And when hurricane Melissa came later in Q4, that preparation paid off.”
In the aftermath of Hurricane Melissa, which caused widespread damage across western Jamaica, the company recently indicated that it has been ramping up its production and distribution of essential construction materials to meet meet the island’s rebuilding needs.
With items such as zinc, nails, PVC pipes, and fittings being critical to the restoration process, management has pledged to maintain robust manufacturing output and strong ties with international suppliers.
“We know how important it is to restore homes, businesses and basic services and we do not want to be in a scenario where these products are needed and we have a grossly inadequate supply. So we’re doing everything we can, within our production limits, to increase our inventory,” Kumst said.