M.P. EVANS GROUP PLC
(“M.P. Evans”, “the Group”, or “the Company”)
INTERIM RESULTS
M.P. Evans, a producer of sustainable Indonesian palm oil, announces its unaudited interim results for the six months ended 30 June 2026.
HIGHLIGHTS
- 8% increase total crop processed – 2026: 798,200 tonnes, 2025: 737,700 tonnes
- 11% increase in total CPO production – 2026: 192,300 tonnes, 2025: 172,800 tonnes
- 16% increase in certified sustainable production – 2026: 151,800 tonnes, 2025: 131,300 tonnes
- 1% increase in mill-gate CPO price – 2026: US$873 per tonne, 2025: US$868 per tonne
- 8% reduction in cost of Group palm product – 2026: US$409 per tonne, 2025: US$446 per tonne
- 25% increase in gross profit – 2026: US$78.9 million, 2025: US$63.4 million
- 21% increase in earnings per share – 2026: 86.5 pence, 2025: 71.7 pence
- 39% increase in interim dividend per share – 2026: 25 pence, 2025: 18 pence
- 61% increase in Group cash – 2026: US$113.5 million, 2025: US$70.5 million
POST PERIOD-END HIGHLIGHTS
- New planted and plantable land acquired close to Group’s Kota Bangun estate
- Continuation of strong pricing for both CPO and PK into third quarter
M.P. Evans chairman, Peter Hadsley-Chaplin, commented on the results for the first half of 2026:
“The first half of 2026 has been particularly encouraging for the Group, with increases in both crop harvested and extraction rates in our mills. Our focus on efficiency helps us to push down unit costs, and our gross margin has improved again, leading to another increase in earnings. As a result, the board is confident in taking another step in the Group’s progressive approach to dividends, and we will be paying a 25p per share interim dividend. Our recent land purchase provides us with further opportunities to increase crop into the medium and longer term.“
A presentation for analysts will be held today at 9.30am in the City of London.
An online presentation for investors will be held tomorrow, Tuesday 15 September, at 12.00pm via the Investor Meet Company platform. Investors can sign up using the following link:
https://www.investormeetcompany.com/mp-evans-group-plc/register-investor