Agri-services group Origin Enterprises has reported a 4% increase in operating profits to €70m for its financial year to the end of July 2017, as profit margins widened 20 basis points to 4.6%. However, with currency movement stripped out, Origin saw a 12% increase in its underlying profits. In results released on Wednesday morning, Origin said its business had benefitted from the more stable near-term planning environment for primary producers, particularly in the UK where the weak sterling had boosted farmgate cereal prices.