It’s been a difficult few months for Irish agri-services group Origin Enterprises to say the least. Two weeks ago, the group issued a profit warning to stock markets indicating that profitability for its 2020 financial year would be much lower than previous estimates.

And then on Thursday last week, Origin unveiled half-year results which showed the group had racked up pre-tax losses of almost €12m in the first six months of its 2020 financial year after a collapse in business sales volumes over the autumn-winter period.