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Origin Enterprises plc Q1 Trading Update Strong start to FY22 driven by favourable autumn / winter planting levels Pass through of global fertiliser and feed price movements represents approximately half of revenue growth Dublin , London , 25 November 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 issues its first quarter Trading Update for the three months ended 31 October 2021 ( Q1 FY22 ' ) . This trading update coincides with the Group's Annual General Meeting which will be held today at 11:00 am ( UK / Ireland time ) , in the Merrion Hotel , Upper Merrion Street , Dublin 2 , in accordance with the latest Irish Government advice and public health guidelines for COVID - 19 . Further details regarding the Annual General Meeting are available at https://originenterprises.com/investors/agm . Overview ● ● ● Strong start to trading in the seasonally quiet first quarter , compared to FY21 where carry - over of stock on - farm reduced demand . ● Group Revenue was € 454.1 million for Q1 FY22 , compared to € 318.3 million in Q1 FY21 , representing an increase of 42.6 % . Improved revenues were a result of increased demand , some early season forward buying by farmers and an encouraging autumn / winter planting season , particularly in the UK . Increased global fertiliser and feed prices represented approximately half of the revenue growth in the quarter . On an underlying constant currency basis , revenue ( excluding crop marketing revenue ) increased by 44.0 % , reflecting an underlying volume increase of 21.0 % in sales of seed , crop protection and fertiliser in the period . The planted area for autumn and winter crops is expected to be broadly in line with Q1 FY21 , with an increase in cropping area expected in the UK offset by a modest reduction in Continental Europe . In Latin America , the total cropping area dedicated to soya is expected to increase . Strong crop prices globally mean that on - farm sentiment across the Group's markets is positive . Appointment of Ms. Lesley Williams and Mr. Aidan Connolly to the Board of Directors . Publication of Origin's inaugural Sustainability Report , ' Nurturing Growth ' . The Group also signed up to the Science Based Targets initiative ( SBTi ) and welcomed the launch of our UK research facility , Throws Farms , as a LEAF * innovation centre . Group Revenue Ireland / UK Continental Europe Latin America Total Agronomy and Inputs Crop Marketing Total Group Q1 FY22 € ' m 271.6 109.4 23.1 404.1 50.0 454.1 Q1 FY21 € ' m 181.9 77.7 10.6 270.2 48.1 318.3 Variance Underlying¹ % % 49.3 % 40.9 % 117.5 % 49.6 % 3.7 % 42.6 % 1 Excluding currency movements and the contribution of acquisitions and disposals 2 Excluding currency movements 37.9 % 49.1 % 111.9 % 44.0 % 5.7 % 38.2 % Constant Currency² % 41.1 % 41.9 % 111.9 % 44.1 % 5.7 % 38.3 % * ' Linking Environment And Farming ' - LEAF - is a leading UK organisation working to deliver more sustainable food and farming . LEAF collaborates with farmers , the food industry , scientists and consumers , to inspire and enable sustainable farming that is prosperous , enriches the environment and engages local communities .