Origin Enterprises completes Redoxim deal
18th Sep 2015 14:36
(ShareCast News) - Agri-service group Origin Enterprises has completed the acquisition of Romania-based agronomy service provider Redoxim SRL The Irish group had announced the €35m deal on 28 July, but the acquisition remained subject to regulatory and shareholders approval. Under the terms of the
Read moreInvestec upgrades Origin Enterprises ahead of full year results
26th Aug 2015 14:04
(ShareCast News) - Analysts at Investec upgraded their recommendation for Origin Enterprises to 'buy' from 'hold', and said its recent de-rating had overshot. The bank cut its price target for the stock to €8.40 from €8.60, ahead of Origin delivering full year results next month. Investec said desp
Read moreOrigin Enterprises agrees to buy stake in Ukraine business
30th Oct 2013 09:54
AIM-listed Origin Enterprises on Wednesday announced that it has reached a conditional agreement to acquire a controlling interest in the business of Agroscope, a Ukraine firm which provides services to arable and root crop growers. Under the deal, Origin will acquire an initial 60% stake on a cas
Read moreOrigin Enterprises' revenues hit by adverse weather
28th May 2013 09:30
Agricultural services company Origin Enterprises reported a 5.2 per cent fall in revenue to 428m euros in the third quarter as adverse weather in the UK affected farms. The company said sales in its UK agronomy services business, Agrii, were lower, reflecting cold weather which slowed crop growth a
Read moreCarr's Milling sells fertiliser unit to Origin for £19m
20th Jun 2011 10:06
Agriculture and engineering firm Carr's Milling Industries has agreed to sell its fertilisers unit to Origin Enterprises for £19m and intends to use the £3m proceeds to reduce its pension fund deficit. Upon completion, Origin Enterprises will assume discharge the net debt of Carrs Fertilisers, whi
Read moreSunday newspaper round-up: Greece, Manchester Utd., France
12th Jun 2011 15:04
A way forward in the Greek crisis? French banks have agreed, in principle, to subscribe to new issues of Greek sovereign debt to replace maturing bonds, rolling over existing commitments, but on condition that all creditors do the same, the Financial Times says. European authorities, however, have y
Read moreAgri-business boom for Origin
22nd Nov 2010 13:42
Food and agricultural products supplier Origin Enterprises says that farm incomes are getting a boost and this means that it is set for a stronger performance in 2011. Ireland-based origin is quoted on AIM and its Irish Stock Exchange counterpart the ESM. Revenues are 5% ahead at €340.6m in the f
Read moreBetter third quarter for Origin Enterprises
8th Jun 2010 17:49
Agricultural and food products supplier Origin Enterprises is traded strongly in the third quarter. Dublin-based Origin's revenues are 11% lower at €1.02bn in the nine months to April 2010 but the third quarter revenues rose 11% year-on-year. EBITDA is 3% lower at €55.5m for the same period but the
Read moreOrigin profits slip
11th Mar 2010 13:24
Interim profits fell at Irish food and agriculture group Origin in a tough trading environment, with the trend exacerbated by buying decisions being deferred into the second half. Pre-tax profit dropped to €11.4m from €17.1m on sales of €597m down from €710m. EPS fell to 8.7c from 11.2c. The inte
Read moreCommodity price falls slow Origin
30th Nov 2009 15:41
Irish agricultural feed producer Origin Enterprises saw revenues dip in the three months to end-October, largely as a result of lower commodity prices. Group revenue fell 23.8% to €323.5m, with underlying revenues down 17.2%. The agri-nutrition business saw revenues slump to €252.9m from €340.8m a
Read moreOrigin Enterprises moves into profit
28th Sep 2009 13:51
Irish agri-nutrition and food group Origin Enterprises posted a rise in revenues and moved into profit in the year to July 31 despite the extremely difficult conditions in the country's economy. Revenue edged up to €1.507bn from €1.504bn over the same period the previous year and profits totalled €
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