Food and agri-business Origin Enterprises, which was spun off from IAWS, says it has seen an excellent performance in its first quarter, mainly due to the renewed buoyancy in primary producer markets.
In a trading update today, Origin said that increased cereal plantings in the UK are driving a higher application of key farm inputs. This has resulted in an improved performance within the group's agri-inputs business.
'The renewed momentum across in the markets in which Origin operates reflects a new underlying growth dynamic,' the statement said.
'The group is well placed to achieve growth from continuing operations in the current financial year,' it concluded.
