Omni Industries Limited is keeping a close watch on rising fuel prices and global supply-chain instability even as the company delivered one of its strongest quarterly performances to date, driven by robust demand from the construction sector and post-Hurricane Melissa rebuilding activity.

For the three months ended March 31, 2026, the Twickenham Park-based thermoplastics manufacturer reported revenue of $693.3 million, representing a 47 per cent increase over the corresponding period last year. During the period the company’s net profit also more than doubled to total $85.7 million — reflecting strong sales growth and improved operational efficiency.

“During the quarter, Omni experienced continued growth in demand, driven by several factors, including sustained supply to post-Hurricane Melissa recovery efforts and ongoing activity within the construction sector,” the company’s directors said in a recent report to shareholders.

Even as the company benefited from heightened rebuilding and infrastructure activity, management said uncertainty in global markets continues to pose a challenge.

“While this growth remains encouraging, we continue to monitor the uncertainty surrounding fuel prices, particularly the current upward trajectory, which may influence input costs in the short to medium term and ultimately affect product pricing,” the report noted.

Omni’s strong first-quarter performance unfolded against a backdrop of continued global logistics disruptions, persistent inflationary pressures and cautious consumer sentiment across both developed and emerging markets. However, the company said relatively stable local economic conditions and sustained activity in the construction sector helped its business to support demand during the period.

Amid ongoing global trade tensions, rising fuel prices and the conflict in the Middle East, which continued to disrupt international supply chains, Omni’s management said it moved proactively to temporarily source certain raw materials from non-traditional suppliers in order to minimise disruptions and ensure consistent product availability.

“Management continues to employ strategies aimed at mitigating potential cost increases, including renegotiating inventory cost terms with suppliers where possible and maintaining disciplined procurement and inventory management practices,” the directors further stated.

Managing Director Patrick Kumst in crediting the company’s recent capital investments in plant and equipment, said those injections helped the business to effectively respond to heightened demand seen during the first quarter.

The company invested more than $217 million in equipment during the prior year as part of efforts to expand capacity, improve product consistency and strengthen its ability to serve both domestic and export markets.

“When we invest in equipment, it’s not just about buying machines and saying we have more capacity,” Kumst said. “It’s about being able to produce more consistently, reduce pressure on the plant when demand increases and give customers greater confidence that we can deliver.”

“That became very important this quarter. The market needed product, especially for construction and recovery work and the investments we made helped us respond in a more organised way,” he added.

Despite higher operating expenses of $176.3 million, largely linked to increased haulage costs and depreciation on newly commissioned machinery, the company ended the quarter with a stronger balance sheet with shareholders’ equity increasing to $1.15 billion, while cash and bank balances grew to $52.8 million.