Full Year 2023 Origin Enterprises PLC Earnings Call Transcript

Sep 26, 2023 / 07:30AM GMT
Operator

Good day, and thank you for standing by. Welcome to the Origin Enterprise plc 2023 Preliminary Results Conference Call.

(Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Sean Coyle. Please go ahead.

Sean Gerard Coyle - Origin Enterprises plc - Group CEO & Executive Director

Thank you, Nadia. Good morning, everybody, and thank you for joining the Origin Preliminary Results Presentation for FY '23. I'm joined here this morning by my colleagues, TJ Kelly, our CFO; and Brendan Corcoran, our Head of Investor Relations. We're delighted to be bringing you a good set of results this morning with operating profit and EPS at the upper end of guidance, and a strong cash performance resulting in another year-end net cash position.

2023 included some pockets of weather challenges in the Northern Hemisphere at both key application time and a harvest time. And the market also saw volatile commodity pricing with both grain and fertilizer raw

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