Slide 1: Growing Beyond: Interim Results
GROWING BEYOND Interim Results 4 March 2025 1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. These statements have been made by the Directors in good faith based on the information available to them up to the time of the preparation of this presentation. Due to the inherent uncertainties, including both econom
Slide 3: Strong H1 Performance, Strategic Progress
STRONG H1 PERFORMANCE, STRATEGIC PROGRESS H1 25 Financial Highlights Operating Profit Strong H1 Performance with Operating profit growth of 17% Ireland and UK Continental Europe €831.7M and EPS growth of 38% driven by strong growth in Living (€4.6m) (€1.2m) Revenue Landscapes and a robust Agricultur
Slide 4: Markets & Trading Review
MARKETS & TRADING REVIEW
Slide 5: Our Operations
OUR OPERATIONS AGRICULTURE LIVING LANDSCAPES Agronomic advice, supporting Agronomic advice, supporting technically- retail sales of the inputs required led retail sales of the inputs required to Sustainable Agronomy Sports to help each field achieve its true help each playing or recreational space p
Slide 6: Agriculture
ENTERPRISES Agriculture
Slide 7: Agriculture - Ireland and UK Trading Review
AGRICULTURE - IRELAND AND UK TRADING REVIEW Performance: Operating result for the period improved by €3.4 million year-on-year, driven by stronger fertiliser demand in Ireland and a larger UK winter cropping area. Strong momentum into the second half with a decline in H1 volumes of just 1.5% compare
Slide 8: Agriculture - Continental Europe Trading Review
AGRICULTURE - CONTINENTAL EUROPE TRADING REVIEW Performance: Continental Europe delivered a solid start to the year, generating an operating profit of €1.2 million in the seasonally quieter first half. Winter crops in good condition across both markets, and sales volumes (excluding crop marketing) g
Slide 9: Agriculture - Latin America Trading Review
AGRICULTURE - LATIN AMERICA TRADING REVIEW Performance: solid underlying performance, with business volumes increasing by 11.5% despite a competitive pricing environment. While underlying profit was marginally down, year on year, the impact of weakness in the Brazilian Real against the Euro had a mo
Slide 10: Living Landscapes
ENTERPRISES Living Landscapes
Slide 11: Living Landscapes Trading Review
LIVING LANDSCAPES TRADING REVIEW Performance: Strong start to the year delivering €3.8 million in operating profit up from €1.5 million in the prior year, with underlying profit growth of €1.5 million and €0.7m benefit from acquisitions. The segment experienced robust performance across all three bu
Slide 12: Finance Review
FINANCE REVIEW Colm Purcell, Chief Financial Officer
Slide 13: Financial Summary H1 2025
FINANCIAL SUMMARY H1 2025 €831.7m Revenue • Reported revenue decrease of -3.1% (cc) driven by pricing -4.0% and acquisition benefit of H1 24 €854.9m 0.8%. Volumes excluding crop marketing +3.0% • 17.1% growth year on year €14.9m Operating Profit • Underlying growth of €4 million (31.2% cc) with €2.5
Slide 14: Summary Income Statement H1 2025
SUMMARY INCOME STATEMENT H1 2025 H1 2025 H1 2024 Change €’m €’m Group revenue 831.7 854.9 (23.2) Operating profit Agriculture 11.1 11.2 (0.1) Living Landscapes 3.8 1.5 2.3 Operating profit 14.9 12.7 2.2 Associate and joint venture 2.1 1.4 0.7 Total group operating profit 17.0 14.1 2.9 Amortisation o
Slide 15: Strong Cash Flows
STRONG CASH FLOWS H1 2025 H1 2024 Rolling 12 months €’m €’m €’m Cash flow from operating activities 28.9 23.7 115.1 Change in working capital underlying business (189.3) (220.7) (31.5) Interest and tax (12.9) (14.4) (29.0) Cash flow from ongoing operating activities (173.3) (211.4) 54.6 Settlement o
Slide 16: Strong Balance Sheet
STRONG BALANCE SHEET Refinancing New €440m sustainability-linked banking facilities secured, extending to 2030 with 2 one-year extension options. New facility Debt and covenants H1 2025 H1 2024 FY 2024 provides both the flexibility and capacity to meet Origin’s strategic objectives Net Debt (€270.1M
Slide 17: Driving Value: Investment & Shareholder Returns Post 2022 CMD
DRIVING VALUE: INVESTMENT & SHAREHOLDER RETURNS POST 2022 CMD Disciplined approach to capital allocation, with prudent financial policies designed to balance growth and shareholder returns. Investment in Growth Since 2022 we have continued to invest in our capabilities and capacity to support organi
Slide 18: Strategic Update
STRATEGIC UPDATE
Slide 19: Origin Enterprises
ORIGIN ENTERPRISES Shaping the future of sustainable land use Origin is dedicated to championing sustainable land use through our portfolio of specialist businesses, offering a holistic range of technically-led solutions for all types of land use. Our Markets AGRICULTURE LIVING LANDSCAPES Sustainabl
Slide 20: Agriculture
AGRICULTURE Leading Market Presence with a Strong Value-Added Distribution Capability IRELAND AND THE UK • Leading market share and best in class operating infrastructure in crop protection, seed, soil nutrition and animal nutrition. • Drive sustainable agronomic advice through innovation and R&D •
Slide 21: Emerging Nature Economy: Structural Growth Drivers
EMERGING NATURE ECONOMY: STRUCTURAL GROWTH DRIVERS Key growth drivers Strategic initiatives Regulation Tailoring our agricultural product Protection of Biodiversity net-gain obligations in the portfolio to include more biologicals and natural capital UK Environment Act (2021) eco-friendly products D
Slide 22: Living Landscapes - Growth Opportunity in a Fragmented Market
LIVING LANDSCAPES - GROWTH OPPORTUNITY IN A FRAGMENTED MARKET Our Living Landscapes division offers future-ready products, services, and advice across the sports, landscapes, and environmental sectors. Sports Landscapes Environmental Strategic focus to FY26 Grow LL to 30% of Operating Profit Serves
Slide 23: Growth Opportunity in a Fragmented Market
GROWTH OPPORTUNITY IN A FRAGMENTED MARKET Product-focused Service-focused £5.1B £7.9B Applied services Product and distribution UK and European¹ environmental UK and European¹ market size Markings market size (B2B only) by service line by product type, illustrative Plant health Invasive species mana
Slide 24: Strategic Focus to FY26
Optimise Develop Living 2030 Macro Landscape Agricultural Core Landscapes Core Preparation Financial discipline Grow LL Product mix Working capital and to 30% of Operating Profit Continue migrating to products that ROCE focus by end FY26 sustainably improve grower yields STRATEGIC FOCUS TO FY26 Flex
Slide 25: Summary
SUMMARY Strong H1 25 Performance What’s ahead Agriculture: Maintain our disciplined approach to capital allocation and driving shareholder returns • Underlying operating profit growth of €2.5 million impacted by translation on weaker Brazilian Real Likely to see a lower capex level in the medium ter
Slide 26: originenterprises.com
originenterprises.com