Origin Enterprises plc, the Agri-Services group announces a 12 per cent decrease in underlying revenue for the third quarter against 2015.

Revenues for the third quarter were 1.0 per cent lower than the same period in 2016 at €555.5 million against €560.9 million last year.

Origin Enterprises plc is a focused Agri-Services group providing on-farm advice and the supply of agri-inputs, with operations in Ireland, the United Kingdom, Poland, Ukraine and Romania.

In a trading update this morning Origin said; “Trading for the quarter was disappointing, with the Group achieving lower revenues against the comparative period across its service platforms in Ireland, the United Kingdom and Poland. The performance principally reflects the impact of very late spring conditions on activity levels on farm due to highly unseasonal weather patterns across Northern Europe.”

Source: www.businessworld.ie