Slide 1: Shaping the Future of Sustainable Land Use
SHAPING THE FUTURE OF SUSTAINABLE LAND USE Origin Enterprises PLC Preliminary Results FY25 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: Building Scale, Delivering Growth
BUILDING SCALE, DELIVERING GROWTH FY25 FINANCIAL HIGHLIGHTS AGRICULTURE LIVING LANDSCAPES €90.0m (+7.7%) €99.0m (+10.1%) 54.21c (+12.8%) €73.4m €16.6m Operating profit (FY24: €83.5m) Group Operating profit (FY24: €89.9m) Adjusted EPS (FY24: 48.06 cent) +2.5% +39.1% €60.8m (+€54.6m) 12.0% (+80bps) 17
Slide 4: Operations and Trading Review
OPERATIONS AND TRADING REVIEW 4
Slide 5: Our Operations
OUR OPERATIONS AGRICULTURE LIVING LANDSCAPES Sustainable Agronomy Soil Nutrition Animal Nutrition Sports Landscapes Environmental Market-leading agronomy Market leader in Ireland and The largest importer of feed Largest dedicated field The UK’s largest supplier of One of the UK and Ireland’s and dis
Slide 6: Our ESG Strategy: Nurturing Growth
OUR ESG STRATEGY FY25 NURTURING GROWTH ESG Highlights Transitioning product portfolio to adopt green-listed solutions Accelerating investment in emerging nature economy products and services 26% reduction in Scope 1 & 2 GHG Nurturing our Nurturing our emissions since 2019 base year Environment Socie
Slide 7: Agriculture
AGRICULTURE Sean Coyle Chief Executive Officer 7
Slide 8: Agriculture Ireland and UK Trading Review
AGRICULTURE IRELAND AND UK TRADING REVIEW Performance Operating profit up 12.5% with margin improvement of 40bps to 3.6%, supported by recovery in winter planting Operating Profit FY25 Operational Review and stronger demand in Soil and Animal Nutrition. €43.8m Change on prior year Sustainable Agrono
Slide 9: Agriculture Continental Europe Trading Review
AGRICULTURE CONTINENTAL EUROPE TRADING REVIEW Performance Operating profit €16.0m (ex-crop marketing), down 3.5% with margin -50bps to 3.9%, reflecting weaker Operating Profit FY25 Operational Review farm liquidity and adverse product mix in Romania, partly offset by growth in Poland. €16.0m 2025 20
Slide 10: Agriculture Latin America Trading Review
AGRICULTURE LATIN AMERICA TRADING REVIEW Performance Operating profit €13.0m, in line with prior year at Operating Profit FY25 Operational Review constant currency, with the reported decline €13.0m Change on prior year principally due to Brazilian Real devaluation. 2025 2024 Change Constant Volume G
Slide 11: Living Landscapes
LIVING LANDSCAPES TJ Kelly Divisional Managing Director 11
Slide 12: 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 Serves a range of end uses including Supports developers, constructi
Slide 13: Living Landscapes Trading Review
LIVING LANDSCAPES Performance Operating profit up 39.1% to €16.6m with growth across TRADING REVIEW each of our Sports, Landscapes and Environmental markets. The increase in operating profit reflected organic growth in the segment (circa. one-third) and earnings from Operating Profit FY25 Operationa
Slide 14: Emerging Nature Economy Structural Growth Drivers
EMERGING NATURE ECONOMY STRUCTURAL GROWTH DRIVERS Key Growth Drivers Our Strategic Initiatives Regulation and Planning Policy Tailoring our agricultural product portfolio to include more biologicals and eco-friendly products Biodiversity Net Gain (BNG) obligations in the UK Environment Act (2021) In
Slide 15: Finance Review
FINANCE REVIEW Colm Purcell Chief Financial Officer 15
Slide 16: Financial Summary FY25
FINANCIAL SUMMARY FY25 ASSOCIATES AND REVENUE OPERATING PROFIT OPERATING MARGIN ADJUSTED EPS JOINT VENTURE €2,109.1m €90.0m €9m 4.3% 54.21c FY24 €2,045.7m FY24 €83.5m FY24 €6.4m FY24 4.1% FY24 48.06c +3.1% (2.7% on a constant +7.7% (8.7% on a constant Strong performance, + 20bps principally due to +
Slide 17: Strong Balance Sheet & Cash Generation
STRONG BALANCE SHEET & CASH GENERATION Cash Flow Balance Sheet Cashflow FY25 FY24 Balance Sheet FY25 FY24 Free cash flow (FCF) €60.8m €6.2m Net (Debt)/Cash (€70.8m) (€71.7m) Net Debt: EBITDA 0.58x 0.66x FCF Conversion % 117.9% 12.7% (Banking covenant maximum 3.5x) Adjusted EBIT: Net Financing Costs
Slide 18: FY22-FY26 Capital Allocation Framework
FY22 - FY26 CAPITAL ALLOCATION FRAMEWORK Disciplined approach to capital allocation, with prudent financial policies designed to balance growth and shareholder returns. Since 2022 we have returned a total of €162.5 million to shareholders through share buy backs and dividends. Our dividend yield rem
Slide 19: Strategic Ambition: On track to exceed CMD targets
STRATEGIC AMBITION – On track to exceed CMD targets Cumulative targets FY22 to FY26 FY22 FY23 FY24 FY25 Target FY26 €415m Target FY22-FY26 €384m Cumulative Group Target delivered to date 93% Delivered Operating Profit FY22-FY25 €325m €280m Target FY22-FY26 >80% avg. cash conversion Target delivered
Slide 20: FY26 Priorities
FY26 PRIORITIES 20
Slide 21: Strategic Focus to FY26
STRATEGIC FOCUS TO FY26 FY26 Optimise Develop Living Enhance Agricultural Core Landscapes Core Foundations Financial discipline Grow LL Product mix Working capital and Exit FY26 with a 30% run rate Continue migrating to ROCE focus of profit in Living Landscapes products that sustainably improve grow
Slide 22: Summary: What's Ahead
SUMMARY Strong Growth, Strategic Delivery +12.8% +39% 118% Earnings growth Diversification Cash and returns Organisation and capability Adjusted EPS of 54.21c; Group Living Landscapes profit +39%, €19.7m returned to shareholders; Strengthened Board and business operating profit +10.1% to €99m now 18
Slide 23: originenterprises.com
ENTERPRISES originenterprises.com
Slide 24: Appendix
APPENDIX Preliminary Results FY25
Slide 25: Summary Income Statement 2025
SUMMARY INCOME STATEMENT 2025 2025 2024 Change €’m €’m Group revenue 2,109.1 2,045.7 63.4 Operating profit Agriculture 73.4 71.6 1.8 Living Landscapes 16.6 11.9 4.7 Operating profit 90.0 83.5 6.5 Associate and joint venture 9.0 6.4 2.6 Total group operating profit 99.0 89.9 9.1 Amortisation of non-E
Slide 26: Cash Flow
CASH FLOW 2025 2024 €’m €’m Cash flow from operating activities 122.1 109.9 Change in working capital (17.8) (62.9) Interest and tax (27.9) (30.5) Cash flow from ongoing operating activities 76.4 16.5 Settlement of non-trade related item - (7.2) Exceptional and once off items (4.3) (8.7) Net cash fl