Origin Enterprises (OIZ) AGM 2025 summary

Financial performance review

• FY25 operating profit €90.0m, +7.7%; total operating profit €99.0m, +10.1%; ROCE 12.0%, up 80 bps.

• Adjusted diluted EPS 54.21c, +12.8% and ahead of guidance; FCF €60.8m vs €6.2m in FY24, with 118% FCF conversion.

• Agriculture operating profit €73.4m, +2.5%; Living Landscapes operating profit €16.6m, +39.1%, reaching 18.4% of total operating profit.

• Net debt €70.8m vs €71.7m in FY24; net bank debt/EBITDA 0.58x vs 0.66x.

Board and executive committee updates

• Board strengthened with two new non-executive directors; John Hennessey named as successor to Chairman Gary Britton.

• Leadership strengthened in Sports and Landscapes with new managing director appointments.

Dividend announcements

• FY25 total dividend proposed at 17.30c per share, up 3% from 16.80c in 2024.

• €19.7m returned to shareholders through buybacks and dividends in FY25; €162.5m returned since FY2022.