Origin Enterprises Sees Revenue Drop Amid Agriculture Challenges

Origin Enterprises plc (GB:OGN) has released an update.

Origin Enterprises reported an 11.8% drop in Q1 revenue to €469.4 million, largely due to a challenging start in its Agriculture segment with an 8.1% decline in volumes because of adverse weather conditions. Despite this, the company’s Living Landscapes business saw a robust 24.8% revenue increase, bolstered by organic growth and recent acquisitions. The firm anticipates a recovery in Agriculture volumes in Q2 as weather conditions improve.

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