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PRELIMINARY RESULTS STATEMENT Origin Enterprises plc FY21 delivers adjusted earnings per share growth of 38.2 % to 35.50c Strong cash generation reduces net bank debt4 to € 14.4 million Dublin , London , 29 September 2021 : Origin Enterprises plc ( ' Origin ' or ' the Group ' ) , the international Agri - Services group , providing specialist agronomy advice , crop inputs and digital agricultural solutions to farmers , growers , landscapers and amenity professionals , today announces its full year results for the year ended 31 July 2021 . Performance Highlights Group revenue increase of 4.4 % to € 1,658.4 million , 6.6 % on an underlying basis Operating profit¹ of € 61.0 million , an increase of 38.3 % , 42.1 % on an underlying basis Group operating margin of 3.7 % ( 2020 : 2.8 % ) Adjusted diluted earnings per share³ of 35.50 cent Strong cash generation with free cash flow of € 49.2 million ( 2020 : € 64.3 million ) Net bank debt4 reduced to € 14.4 million ( 2020 : € 53.2 million ) Working capital outflow of € 4.0 million ( 2020 : Inflow of € 30.3 million ) Proposed final dividend of 7.85 cent per share giving total dividend of 11.00 cent Substantial recovery in Ireland / UK operating segment together with continued underlying growth in CE and LATAM operations Divestment of Pillaert , the Group's Belgian fertiliser business for € 15.5 million Acquisition of Green - tech , the UK's leading landscape , forestry and grounds maintenance equipment provider Extension post year end of Group's banking facilities to 2025 with pricing linked to ESG performance Results Summary Group revenue Operating profit¹ Associates and joint venture² Total group operating profit¹ Finance expense , net Profit before tax¹ Basic EPS ( cent ) Adjusted diluted EPS ( cent ) ³ Return on capital employed Group net bank debt4 Operating margin¹ Free cash flow Dividend per ordinary share ( cent ) 2021 € ' 000 1,658,367 1,589,142 61,007 44,099 2,841 6,154 63,848 50,253 ( 8,552 ) ( 11,250 ) 55,296 39,003 30.44 15.81 25.69c 7.3 % ( 53,213 ) 2.8 % 64,288 3.15c 35.50c 9.3 % ( 14,406 ) 3.7 % 49,168 11.00c 2020 € ' 000 1 Change % 4.4 % 38.3 % ( 53.8 % ) 27.1 % ( 24.0 % ) 41.8 % 92.5 % 38.2 % 200bps 38,807 90bps ( 15,120 ) 7.85c Constant Currency % 7.2 % 44.2 % ( 53.6 % ) 32.2 % ( 23.2 % ) 48.0 % 93.4 % 44.6 % 1 Before amortisation of non - ERP intangible assets and exceptional items 2 Profit after interest and tax before exceptional items 3 Before amortisation of non - ERP intangible assets , net of related deferred tax ( 2021 : € 8.6m , 2020 : € 7.7m ) and exceptional items , net of tax ( 2021 : credit of € 1.2m , 2020 : expense of € 5.2m ) 4 Group net bank debt before impact of IFRS 16 Leases