M.P. EVANS GROUP PLC
(“Company” or “M.P. Evans”)
INTERIM RESULTS
M.P. Evans, a producer of sustainable Indonesian palm oil, announces its unaudited interim results for the six months ended 30 June 2025.
HIGHLIGHTS
- 13% increase in mill-gate CPO price – 2025 US$868 per tonne, 2024 US$771 per tonne
- Significantly better crop mix with Group’s own crop 8% higher
- 3% reduction in total crop processed – 2025 – 737,700 tonnes, 2024 – 759,700 tonnes
- 2% reduction in total crude palm oil production – 2025 – 172,800 tonnes, 2024 – 177,000 tonnes
- 10% increase in certified sustainable CPO production – 2025 – 131,300 tonnes, 2024 119,500 tonnes
- 3% decrease in cost of Group palm product – 2025 US$446 per tonne, 2024 US$458 per tonne
- 50% increase in operating profit – 2025 US$62.2 million, 2024 US$41.6 million
- 60% increase in earnings per share – 2025 – 71.7 pence, 2024 – 44.9 pence
- 20% increase in interim dividend per share – 2025 – 18 pence, 2024 – 15 pence
- Strong net cash surplus – 2025 net cash US$70.5 million, 2024 – net debt US$7.3 million
M.P. Evans chairman, Peter Hadsley-Chaplin, commented: “The Group has continued to make excellent strategic progress in the first half of 2025. We are benefiting from the move to a greater proportion of production coming from our own harvest, and results have been further enhanced by the strong commodity-price environment. As we move into the second half of the year, the Group has added a further 3,000 planted hectares to its portfolio, and both CPO and PK prices remain robust.”