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M.P. Evans Reports 78% Profit Surge, Boosts Dividend Amid Strong Palm Oil Production

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Manage episode 440712835 series 2891889
内容由Proactive Investors提供。所有播客内容(包括剧集、图形和播客描述)均由 Proactive Investors 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
M.P. Evans Group CEO Matthew Coulson joined Steve Darling from Proactive to share the company's unaudited interim results for the first half of 2024, ending June 30. The company saw a 5% increase in total crop processed, totaling 759,700 tonnes, and a 6% rise in crude palm oil production, reaching 177,000 tonnes. Coulson told Proactive this contributed to a significant 78% increase in operating profit to $41.6 million. The positive performance allowed the company to announce a 20% increase in the interim dividend. Additionally, Coulson highlighted the strengthening of palm-oil prices in the second half of 2024 and a 14% reduction in palm product costs to $458 per tonne, down from $535 per tonne in 2023. Looking ahead, Coulson stressed the company’s focus on continued growth and sustainability in both planting and acquisition. #proactiveinvestors #m.p.evansgroupplc #lse #mpe #palmoil #halfyearly #MatthewCoulson #InterimResults2024 #SustainableProduction #OperatingProfit #DividendGrowth #PalmOilIndustry #AgricultureInvestment #Acquisitions #ShareholderReturns #ProactiveInvestors#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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Manage episode 440712835 series 2891889
内容由Proactive Investors提供。所有播客内容(包括剧集、图形和播客描述)均由 Proactive Investors 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
M.P. Evans Group CEO Matthew Coulson joined Steve Darling from Proactive to share the company's unaudited interim results for the first half of 2024, ending June 30. The company saw a 5% increase in total crop processed, totaling 759,700 tonnes, and a 6% rise in crude palm oil production, reaching 177,000 tonnes. Coulson told Proactive this contributed to a significant 78% increase in operating profit to $41.6 million. The positive performance allowed the company to announce a 20% increase in the interim dividend. Additionally, Coulson highlighted the strengthening of palm-oil prices in the second half of 2024 and a 14% reduction in palm product costs to $458 per tonne, down from $535 per tonne in 2023. Looking ahead, Coulson stressed the company’s focus on continued growth and sustainability in both planting and acquisition. #proactiveinvestors #m.p.evansgroupplc #lse #mpe #palmoil #halfyearly #MatthewCoulson #InterimResults2024 #SustainableProduction #OperatingProfit #DividendGrowth #PalmOilIndustry #AgricultureInvestment #Acquisitions #ShareholderReturns #ProactiveInvestors#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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