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Nov 25 2021, 07:10 GMT
Origin Enterprises
Strong start to the year with strong foundation ahead of application season
- Sectors : Foods
- Companies : Origin Enterprises
DAVY VIEW
Origin’s Q1 release confirms that it has made a strong start to FY22. Growth in UK winter plantings, positive farm sentiment and the delivery of robust volume growth provide a strong foundation ahead of the seasonally important H2. Despite global supply chain challenges, the outlook statement is constructive – confirming Origin’s growth ambitions through FY22 and beyond and noting its intention to “further increase shareholder returns”. We envisage no material changes to our forecasts.
