IRELAND: Origin books "solid" H1 results

By Michelle Russell | 6 March 2013

Origin Enterprises said it recorded a “solid operating and financial performance”

Origin Enterprises said it recorded a "solid operating and financial performance" in its first-half as it booked an increase in earnings.

Net profit in the six months to the end of January were up 15.4% to EUR10.5m (US$13.7m), the company reported today (6 March). Operating profit climbed 2.3% to EUR13.2m.

Net sales in the period amounted to EUR567.7m, an 11.9% increase on the prior year period.

CEO Tom O'Mahony, said: "We remain comfortable with full year consensus expectations of adjusted fully diluted earnings per share of approximately 48.5 cent."

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