Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Origin Enterprises PLC on Tuesday raised its dividend, as it reported a double-digit-percentage rise in annual earnings.
Pretax profit was €79.0 million in financial year that ended July 31, up 11% from €71.4 million the year before, as revenue increased by 3.1% to €2.11 billion from €2.05 billion. At constant currency, revenue grew 2.7%.
The Dublin-based agricultural products and services provider point to growth in its higher-margin Living Landscapes division, which advises on land use outside of agriculture, for example for sports.
Origin said Living Landscapes now accounts for 18% of group earnings after a 39% rise in operating profit in the recent financial year to €16.6 million. Group operating profit excluding associates and joint ventures was €89.9 million, up 7.7% from €83.5 million the year before, with the bulk of this still coming from the Agriculture division, up 2.5% to €73.4 million.
Origin declared a 14.15 euro cents final dividend, resulting in a full-year payout of 17.30 cents, up 3.0% from 16.80 cents in financial 2024.
This will be paid from adjusted diluted earnings per share of 54.21 cents, up 13% from 48.06. Basic EPS was 49.59 cents, up 35% from 36.73 cents.
Chief Executive Officer Sean Coyle said Origin’s strong cash generation means it is able to fund investment, acquisitions and shareholder returns. During financial 2025, the company returned €17.8 million via dividends, plus €19.7 million via share buybacks.
Origin shares were up 3.9% to €4.00 on AIM in London on Tuesday morning.
Copyright 2025 Alliance News Ltd. All Rights Reserved.