An announcement from M.P. Evans ( (GB:MPE) ) is now available.
M.P. Evans Group PLC experienced a slight increase in its crop production for 2024 despite adverse weather conditions impacting the overall Indonesian palm oil output. The company benefited from a robust price environment with higher mill-gate prices, enhancing its revenue and profitability. The group remains committed to sustainable practices, with all its mills selling certified sustainable palm oil and receiving an improved ESG score. The company continues to prioritize growth, financial strength, and attractive investor returns, maintaining a long-standing policy of increasing dividends.
More about M.P. Evans
M.P. Evans Group PLC is a company focused on producing sustainable palm oil in Indonesia. Its primary products include crude palm oil and palm kernels, and it is committed to sustainable and responsible agricultural practices.
YTD Price Performance: -3.22%
Average Trading Volume: 53,306
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £501.9M
Learn more about MPE stock on TipRanks’ Stock Analysis page.