Investment
Features
FeesSafety
Academy
More
Pluang+

MP Evans reports record profits and 10% crop volume rise as palm oil prices stay near 2025 highs

Company Fundamentals
24 Mar 2026
Proactive Investors
View Source
Bullish
pluang ai news

MP Evans Group PLC, an Indonesian palm oil producer, reported a 10% increase in crop volumes in early 2026 and maintained crude palm oil prices close to 2025 levels, with some tenders exceeding $900 per tonne. The company posted record 2025 full-year results, with gross profit up 22% to $142.2 million and revenue rising to $371 million, driven by higher palm oil prices and more processing of its own crops. Earnings per share increased to 161.3 pence, and the board recommended a final dividend of 42p, continuing a 35-year record of dividend growth. The group also expanded its planted estate by nearly 5,000 hectares and increased sustainable palm oil production to 80% of its output, signaling confidence in future growth despite potential cost pressures from geopolitical tensions.

More News

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
3 hours ago
B&M's Q1 update splits analysts as Deutsche Bank upgrades but Panmure Liberum downgrades on growth doubts

B&M's Q1 update splits analysts as Deutsche Bank upgrades but Panmure Liberum downgrades on growth doubts

B&M European Value Retail's first-quarter update has divided analysts, with Deutsche Bank upgrading the stock to 'hold' citing stabilizing profit margins and a sensible turnaround strategy by new CEO Tjeerd Jegen. Deutsche Bank raised its profit fore...

Analyst Insights
Neutral
4 hours ago
Telo Genomics reports positive interim results for blood test predicting relapse risk in multiple myeloma patients.

Telo Genomics reports positive interim results for blood test predicting relapse risk in multiple myeloma patients.

Telo Genomics announced positive interim results from a clinical study analyzing blood samples of multiple myeloma patients to predict relapse risk using 3D telomere analysis. The test showed strong predictive accuracy, potentially offering a less in...

Market News
Bullish
4 hours ago
Meta alerts parents if teens discuss self-harm with its AI chatbot, plans emergency contact feature.

Meta alerts parents if teens discuss self-harm with its AI chatbot, plans emergency contact feature.

Meta now notifies parents if their teen talks about suicide or self-harm with its AI chatbot and is developing a feature to contact emergency services if risk is detected. This move addresses concerns about AI chatbots handling crisis conversations, ...

Market News
Neutral
4 hours ago
NTG Clarity nets $16.6M in new orders and renewals, boosting its digital services in Saudi Arabia.

NTG Clarity nets $16.6M in new orders and renewals, boosting its digital services in Saudi Arabia.

NTG Clarity Networks announced new purchase orders and contract renewals totaling about CAD 16.6 million, reflecting strong demand for its software development and digital transformation services. This includes $2.3 million from a real estate client ...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App