Camellia ( (GB:CAM) ) has shared an update.
Camellia PLC reported its final results for 2024, marking a year of significant transition. The company strengthened its leadership team and board, improved financial liquidity, and reduced business risk through non-core asset disposals. Despite challenging market conditions, revenue from continuing operations increased by 3%, and trading losses were reduced. The company also proposed a final dividend of 260p, reflecting confidence in its financial stability. Looking forward, Camellia plans to announce a Value Enhancement Plan to further improve operations and growth. These strategic moves aim to revitalize the company, enhance shareholder value, and ensure sustainable profitability.
More about Camellia
Camellia is a holding company with a portfolio of international businesses focused primarily on agriculture, including the cultivation of tea, avocado, macadamia, and arable crops. The company operates across three continents, managing nearly 50,000 hectares of land. Camellia aims to invest sustainably for long-term returns, while supporting the communities it operates in and maintaining harmony with the natural environment.
YTD Price Performance: -10.71%
Average Trading Volume: 1,232
Technical Sentiment Signal: Strong Buy
Current Market Cap: £116.6M
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