The wettest Autumn winter planting season “in 30 years” has lead to a fall in revenue at agri-services firm Origin Enterprises. In the nine months to April 30 turnover fell by 6.7pc to €1.2bn, according to a trading update from the group. Nonetheless, in the three months to April 30, revenue at Origin increased by 1.6pc to €605m. Origin says it continues to operate within its banking covenants, with in excess of €125m in undrawn lines of credit available. Earlier this month Origin announced that CEO Tom O’Mahony is leaving the group after 35 years.

Source: Irish Independent June 17, 2020 06:33 UTC