A huge €47m land deal paves the way for a near €1bn waterfront precinct on Cork’s south docks which could sustain thousands of residents and thousands of new jobs.

The agri-services group Origin Enterprises says it has reached “conditional agreement” for the disposal of up to 31 acres of land it owns on Cork’s south docklands in to O'Callaghan Properties for up to €47.5m.

Shares in Irish agri-services group Origin Enterprises rose by over 3% on the back of the business showing strong revenue generation in the first quarter of its latest financial year.

Agri-services group Origin Enterprises has said that it is well-prepared for any short-term logistical disruption caused by a no-deal Brexit.

Analysts are expected to increase net profit forecasts for Origin Enterprises, following the Dublin-based agri-services group reporting a strong start to its current financial yea, writes Geoff Percival.

Shares in Dublin-based agri-services group Origin Enterprises dipped yesterday after it said sterling’s weakness versus the euro impacted on its seasonally important third quarter revenues.

Last week we hosted an Investor Day to showcase 9th Irish Food and Agri-companies to existing and potential shareholders.

Investors in the Irish stock market should favour Irish firms that have less exposure to the UK — until the outcome of the British referendum on membership of the EU is known, Merrion Capital has said in a major report.

Management at Aryzta has pledged to focus on recovering the food group’s underlying growth potential, on the back of a disappointing set of annual results where recent acquisitions provided the only real high point.

Agri-services group Origin Enterprises has been touted as a potential takeover target, within the analyst community. There is speculation that former majority shareholder Aryzta may further reduce its stake in the business.

Irish agribusiness company Origin Enterprises has completed the €22.4m takeover of a Polish counterpart as part of its ongoing expansion in the Eastern European market.

Agri-services group Origin Enterprises has stepped up its non-core asset disposal programme by selling its 32% stake in leading consumer foods group, Valeo Foods, for a cash consideration of nearly €87m.

Revenues at food company Aryzta climbed by more than 13% to over of €970m over the three months to the end of April despite flat trading in one of its core markets.

Irish-Swiss baked foods business Aryzta is using the €400m or so it will get from the near halving of its stake in Dublin-based agri-services business, Origin Enterprises to acquire a 49% stake in French speciality premium food business Picard.

Origin Enterprises chief executive Tom O’Mahony expects the company to enjoy continued growth this year, driven by dairy sector expansion and via acquisitions outside of its core UK and Irish markets.

Some serious wealth is being created within the Irish agri-food industry in a very short period of time, writes Joe Gill.

Contributions from acquisitions and favourable currency movements led to Origin Enterprises posting a 3.5% year-on-year increase in first-quarter revenues, to €318m.

Irish food and agri-business group Origin Enterprises has reported strong annual profits of €92.9m in the year to the end of July despite experiencing a slight dip in revenues.

Agri-services group Origin Enterprises has increased its full-year earnings outlook by 3% on the back of a strong third quarter performance.

Agri-services group, Origin Enterprises has said it is open to making further acquisitions this year after upping its growth guidance, mainly based on the potential benefits of its recent high-prospect purchase in Ukraine.

Cork City Council has given the go-ahead for a major c 200,000 sq ft office development plan at Albert Quay, Cork.

Irish-Swiss bakery group Aryzta has hinted it will likely play a part in any upcoming anticipated growth in consolidation within its sector.

Agri-services group Origin Enterprises expects to meet its full-year financial targets, despite seeing a 12.5% (€44m) annualised decline in first-quarter revenues.

Last week the Government moved to incentivise growth companies to use Dublin as a platform for expansion through equity finance.

Agri-services business, Origin Enterprises is set to return up to €100m to shareholders, via a tender offer, on top of increasing its full-year dividend payment.

Origin Enterprises has moved to strengthen its focus on its core agri-services business by agreeing to sell its marine proteins interests for €90m-plus.

Third-quarter revenues at Dublin-based agri-services group Origin Enterprises fell by 5.2% on a year-on-year basis to €428 million.

Joint venture partnerships have helped to drive first-half growth at Origin Enterprises.

Brendan Gleeson, Dr Karina Pierce and Tom Tynan have been appointed to the Teagasc authority for a five-year term by Agriculture Minister Simon Coveney.

Irish-Swiss bakery group Aryzta has described as satisfactory a first quarter performance which saw revenue growth of 9%, to just under €1.1bn.

Agri-services group Origin Enterprises has reported a weak start to its latest financial year, with revenue growth impacted by the wet summer weather.

Agri-services group, Origin Enterprises has recommended a 36.4% increase in annual dividend, for its shareholders, on the back of a strong set of full-year financial results.

European markets bounced yesterday, recovering some of the ground lost on the first two trading days of the week.

Markets across Europe and many of the other jurisdictions were down yesterday for a second day running.

Irish-listed agri-business Continental Farmers’ Group reported a 200% year-on-year increase in first-half profits, adding that it expects to exceed its full-year financial targets.

Irish shares nudged ahead slightly again having spent much of the day in the red as investors capitalised on last week’s sharp gains.

The Iseq index rose 11.85 points yesterday to close at 3,103.72.