Origin Enterprises (CDI) (OGN)

Sector:

Food

  3.50
   
  • Change Today:
     0.00
  • 52 Week High:  3.9
  • 52 Week Low:  3.2
  • Currency: Euro
  • Shares Issued: 125.58m
  • Volume: 1,548
  • Market Cap:  439.54m
  • RiskGrade: 52
  • Beta: 0.11

Origin Q3 revenues grow, FY income impacted by wet weather

By Iain Gilbert

Date: Wednesday 17 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Agribusiness Origin Enterprises said on Wednesday that third-quarter revenues had grown 1.6% but warned that it was still on track to come in lower for the full-year as a result of a stretch of wet weather.

Origin said revenues for the quarter were €604.8m, while year-to-date sales were up 6.7% at €1.21bn.

The AIM-listed group said its weaker full-year performance was due to a lower level of intensive autumn and winter crop plantings following the wettest autumn winter planting season in three decades.

"Our markets experienced extremely dry conditions in the third quarter which persisted into June, leading to significant soil moisture deficits which negatively impacted overall crop potential for farmers and growers, thereby resulting in a lower intensity of crop input investment spend," Origin said.

Origin also said that operating restrictions stemming from the Covid-19 pandemic had led it to implement a "range of extensive measures" to ensure continuity of services.

As of 1455 BST, Origin shares were up 1.14% at €2.66 each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

OGN Market Data

Currency Euro
Share Price   3.50
Change Today   0.00
% Change 0.00 %
52 Week High  3.9
52 Week Low  3.2
Volume 1,548
Shares Issued 125.58m
Market Cap  439.54m
Beta 0.11
RiskGrade 52

OGN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
53.33% below the sector average53.33% below the sector average53.33% below the sector average53.33% below the sector average53.33% below the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average
Growth
Market averageMarket averageMarket averageMarket averageMarket average
17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OGN Dividends

  Latest Previous
  Final Interim
Ex-Div 13-Jan-22 08-Apr-21
Paid 04-Feb-22 30-Apr-21
Amount 7.85¢ 3.15¢

Trades for 03-Dec-2021

Time Volume / Share Price
16:58 908 @  3.45
16:58 640 @  3.42

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