Origin Enterprises sees €21m revenue boost for latest half-year

Crops technology and inputs business Origin Enterprises has recorded a boost in revenue of almost €21 million for the first half (H1) of its 2026 financial year.

Revenue for H1 2026 (ending January 31) stood at €852.6 million, an increase of 5.1% on €831.7 million for H1 2025.

Total group operating profit moved up from €17 million in H1 2026 to €17.4 million in H1 2026, an increase of around €400,000 or 2.4%.

Profit before tax decreased, from €7 million in H1 2025 to €6.1 million in H1 2026, a decrease of around €900,000.

Adjusted diluted earnings per share also decreased, from 5.17c/share to 4.55c/share, a decrease of 0.62c.

The group's net bank debt increased by €13.4 million, moving from €270.1 million in H1 2025 to €283.5 million in H1 2026.

Origin Enterprises' ordinary interim dividend per share at the end of H1 2026 was 3.15c, unchanged from the H1 2025 figure.

In Origin's agriculture division, the business said its profit performance was "broadly in line" with the prior year, with growth in Ireland/UK and Latin America, and a reduction in Central Europe.

Planted areas in the UK are ahead of the prior year and crop development is progressing well, the business said.

A continued move towards winter planting is "evident" in Central Europe, building on last year’s growth, Origin added.

Meanwhile, an expanded soybean and corn area in Latin America is driving volume growth despite a challenging environment.

However, weaker grain, oilseed and dairy prices continue to dampen farm sentiment, influencing timing and commitment to spend, Origin noted.

In the 'Living Landscapes' division, operating profit was up 8.3%, with growth in the sports and landscape businesses.

For the environmental business, Origin said it recorded a like-for-like decline in H1 2026 compared to H1 2025, but an overall increase due to acquisitions.

Origin said that associates and joint ventures made a strong contribution to H1 2026, reflecting sustained demand for animal nutrition products in the Irish market.

Commenting on these results, Origin Enterprises CEO Sean Coyle said: "The group delivered a solid first-half performance.

"Activity across both agriculture and Living Landscapes was in line with expectations, establishing a strong operational base across our markets as we move into the more significant second half."

Speaking on the Carbon Border Adjustment Mechanism (CBAM) and its impact on the fertiliser sector, Coyle said: "Despite the introduction of CBAM and broader geopolitical uncertainty, we have actively managed the factors within our control and continue to work closely with costumers to ensure clarity on pricing, product availability and service delivery throughout the season."

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