Origin Energy under siege - pt 1

After 12 years of unbroken growth, important industry changes have rocked Origin. Is the investment case under threat?

For a dozen years, Origin Energy’s chief executive Grant King has basked in the glory of ever growing profits; earnings per share growth has averaged 16% per year since the company was spun out of the Boral empire in 2000. That run is coming to an end. For the first time ever, Origin will announce falling operating profits this financial year.

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