Earnings release
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Origin Enterprises plc Q3 Trading Update Despite challenging spring conditions , the Group is guiding full year FY21 adjusted diluted earnings per share of between 34.0 and 36.0 cent , up from 25.69 cent in FY20 Dublin , London , 16 June 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 and amenity professionals , today issues its FY21 Trading Update for the three and nine months ended 30 April 2021 . Overview The Group delivered a satisfactory performance for the seasonally important third quarter ( ' Q3 ' ) considering the adverse impact of prolonged cold weather on farm activity . Despite reasonably favourable autumn planting conditions , normal spring farm activity was held back by exceptionally cold conditions in April , which extended across the whole of Europe . Persistent cold spring weather and the absence of pest and disease prevalence in crops has resulted in lower input volumes in Q3 across our Ireland , UK and Continental European markets . While overall business volumes are marginally positive year - to - date , this is set against a comparative period that encountered significant challenges with extreme weather conditions and the early stages of COVID - 19 . Since the period end , there has been a return to more settled weather conditions generally , across Ireland , the UK and Continental Europe , which is driving a level of catch - up activity on farm . As a result , the Group expects an increase in demand for agronomy services , crop inputs and amenity products for the fourth quarter ( ' Q4 ' ) . Revenue Summary Group revenue for Q3 and year - to - date , compared to the prior period is as follows : Group Revenue - Q3 Ireland / UK Continental Europe Latin America Total Agronomy and Inputs Crop Marketing Total Group Ireland / UK Continental Europe Q3 FY21 € ' m Latin America Total Agronomy and Inputs Crop Marketing Total Group 366.4 190.0 5.8 562.2 35.6 597.8 ¹ Excluding currency movements and the contribution of acquisitions 2 Excluding currency movements Group Revenue - YTD YTD FY21 € ' m 710.9 312.3 27.4 Q3 FY20 € ' m 1,050.6 119.6 1,170.2 372.1 196.9 1.6 570.6 34.2 604.8 YTD FY20 € ' m 709.5 338.9 23.5 1,071.9 137.8 1,209.7 ¹ Excluding currency movements and the contribution of acquisitions 2 Excluding currency movements Variance % ( 1.5 % ) ( 3.6 % ) 259.9 % ( 1.5 % ) 4.0 % ( 1.2 % ) Variance % 0.2 % ( 7.9 % ) 16.9 % ( 2.0 % ) ( 13.2 % ) ( 3.3 % ) Underlying¹ % ( 2.4 % ) 3.7 % 312.1 % 0.6 % 6.9 % 0.9 % Underlying¹ % 1.2 % ( 1.1 % ) 58.7 % 1.7 % ( 9.7 % ) 0.4 % Constant Currency² % ( 1.2 % ) 3.7 % 312.1 % 1.4 % 6.9 % 1.7 % Constant Currency² % 1.9 % ( 1.1 % ) 58.7 % 2.2 % ( 9.7 % ) 0.8 %