Mon, 30th Nov 2009 15:41
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 moreAgriculture 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 moreA 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 moreFood 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 moreAgricultural 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 moreInterim 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 moreIrish 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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