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: 76/100

Half Year 2024 Origin Enterprises PLC Earnings Call Transcript

Mar 05, 2024 / 08:30AM GMT
Release Date Price: €3 (-3.23%)
Sean Coyle
Origin Enterprises PLC - Group CEO & Executive Director

Good morning, everyone. I'm joined by TJ Kelly, CFO, and Brendan Corcoran, Head of Investor Relations. And this morning, we released results earlier on this morning, obviously and although we have experienced a number of challenges, particularly within our Agri UK business and general, challenging weather conditions across UK and Ireland in particular.

We are delighted to be bringing you what we consider a very robust set of results. It's notable that FY24 is reflective of the continued broadening of the Group earnings base, which has made us a more resilient and more stable proposition.

Than the last challenging weather we year, we had back in FY20. So we walk very quickly through the results, the abnormal safe harbour statement in relation to that forward-looking guidance is included within the presentation.

So the business delivered a very solid first half despite what was a challenging on-farm environment. This time last year, we were evidencing rising fertilizer prices, rather significant increases in

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