Ireland's Origin Enterprises H1 revenue rises 2.5% yr/yr

Origin Enterprises

03/03/2026 07:08

Overview

Ireland-based sustainable land use firm's H1 revenue rose 2.5% yr/yr

Operating profit for H1 increased 2.4% yr/yr

Adjusted EPS declined due to higher finance costs

Outlook

Origin Enterprises to issue FY 2026 guidance with Q3 update on June 11, 2026

Company to outline five-year strategy at Capital Markets Day on November 17, 2026

Result Drivers

LIVING LANDSCAPES - Operating profit up 8.3% driven by organic growth in Sports and Landscapes businesses

LATAM VOLUME GROWTH - Expanded soybean and corn area in LATAM driving volume growth despite challenging environment

ANIMAL NUTRITION DEMAND - Strong demand for animal nutrition products contributed to joint ventures' performance

Company press release: ID:nRSC0127Va

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
EUR 852.60 mln
H1 Adjusted EPS
EUR 0.05
H1 Adjusted Net Income
EUR 5.10 mln
H1 Operating Income
EUR 15.10 mln
H1 Pretax Profit
EUR 6.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the fishing & farming peer group is "buy"

Wall Street's median 12-month price target for Origin Enterprises PLC is €5.00, about 16.8% above its March 2 closing price of €4.28

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)