Origin Enterprises PLC (LSE:OGN)
€ 2.85 0 (0%) Market Cap: 289.60 Mil Enterprise Value: 422.82 Mil PE Ratio: 7.95 PB Ratio: 0.74 GF Score: 77/100

Half Year 2023 Origin Enterprises PLC Earnings Call Transcript

Mar 07, 2023 / 08:30AM GMT
Release Date Price: €4.25
Operator

Good morning. Welcome to the Origin Enterprises plc Interim Results Call for 2023. (Operator Instructions) Please note that today's conference is being recorded.

I would now like to hand over the conference to Sean Coyle, CEO of Origin Enterprises plc. Please go ahead, sir.

Sean Gerard Coyle
Origin Enterprises plc - Group CEO & Executive Director

Thank you, Rabia. So good morning, everybody, and welcome to the first half announcement for Origin Enterprises plc. I'm joined this morning by TJ Kelly, our CFO; and Brendan Corcoran, our Head of Investor Relations.

We're delighted to bring reasonably strong results to you this morning, characterized, in particular, I think, by a standout performance from our Latin American operation. Since 2018, that business has continued to grow strongly in local currency terms. But the movement of the Brazilian real relative to the euro has always been a headwind for that business. And thankfully, it's moved in the other direction in this current year.

So the business delivered very significant

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