Omni sees local growth but shrinking oversees sales

Omni Industries Limited has cut its export ambitions by half and stretched the deadline, telling shareholders it now wants overseas sales to reach 10 per cent of revenue within five years – down from the ‘20 per cent in two years’ target its managing director set out at the last annual general meeting. “The targeted goal that we have over the next five years is to increase that number to 10 per cent of total sales,” Patrick Kumst said at the meeting at The Courtleigh Hotel in New Kingston on September 8.