23rd Sep 2025 11:02
(Alliance News) - Origin Enterprises PLC on Tuesday raised its dividend, as it reported a double-digit-percentage rise in annual earnings.
Pretax profit was EUR79.0 million in financial year that ended July 31, up 11% from EUR71.4 million the year before, as revenue increased by 3.1% to EUR2.11 billion from EUR2.05 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 EUR16.6 million. Group operating profit excluding associates and joint ventures was EUR89.9 million, up 7.7% from EUR83.5 million the year before, with the bulk of this still coming from the Agriculture division, up 2.5% to EUR73.4 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 EUR17.8 million via dividends, plus EUR19.7 million via share buybacks.
Origin shares were up 3.9% to EUR4.00 on AIM in London on Tuesday morning.
By Tom Waite, Alliance News editor
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