WS T. Bailey UK Responsibly Invested Equity Fund on Origin Enterprises plc
Thesis
Origin Enterprises moved higher after acquiring Lighthouse Development Consulting. The acquisition adds UK planning and development capabilities across renewable energy, clean technology and infrastructure. The fund views the transaction as complementary to the company's existing operations rather than a standalone change in strategy. It also points to resilient underlying trading, with first-half revenue increasing 2.5% year on year.
“The strategic move complemented earlier resilient trading, with H1 revenue up 2.5% year on year.”