Origin Enterprises FY26 revenue misses on weak agri business; EPS in line
Overview
Ireland sustainable agriculture group's preliminary FY26 revenue missed analyst expectations
Adjusted diluted EPS for FY26 was in line with analyst expectations and company guidance
Company completed acquisitions in Northern Ireland and post year-end in environmental and sports platforms
Outlook
Origin to outline new medium-term financial ambitions at Capital Markets Day in November 2026
Company sees expansion in higher-margin, faster-growing Living Landscapes markets as key growth pillar
Company expects continued investment in environmental services and technology to support long-term growth
Result Drivers
AGRICULTURE PRESSURES - Co said drought, lower grain and oilseed prices, and selective input cost inflation reduced farm profitability and discretionary spending, weighing on Agriculture results
LIVING LANDSCAPES GROWTH - Operating profit in Living Landscapes rose on organic growth and acquisitions, with expansion in higher-growth, higher-margin markets
LATIN AMERICA CONTRIBUTION - Growth in Latin America partly offset weaker performance in European markets
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | Miss | EUR 2.12 bln | EUR 2.15 bln (8 Analysts) |
FY Adjusted EPS | Meet | EUR 0.54 | EUR 0.54 (7 Analysts) |
FY Adjusted Net Income | EUR 60.55 mln | ||
FY Free Cash Flow | EUR 43.28 mln | ||
FY Operating Income | EUR 89.53 mln | ||
FY Operating Margin | 4.20% | ||
FY Pretax Profit | EUR 78.12 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 €5.40, about 34.2% above its September 21 closing price of €4.03
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 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.)