Revenues at Origin Enterprises rise 9% despite poor third quarter performance

The group reported revenue of €1.9bn despite an almost 16% drop in its third-quarter
Revenues at Origin Enterprises rise 9% despite poor third quarter performance

In a trading update for the third quarter and the first nine months of the financial year, the company reported a more than 21% fall in Irish and UK revenue

Irish agri-services group, Origin Enterprises saw group revenue of €1.92bn, up by 9.3% on the same period of last year.

That is despite an almost 16% drop in third-quarter revenue, with the firm attributing the decline to "more cautious farm sentiment and poor northern hemisphere in-field conditions." 

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