REG - Dekel Agri-Vision - August Palm Oil & Cashew Update

Dekel Agri-VisionAnnouncement

10/09/2025 07:00

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RNS Number : 6423Y  Dekel Agri-Vision PLC  10 September 2025

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

10 September 2025

 

Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers

 

Dekel Agri-Vision Plc

('Dekel' or the 'Company')

August Palm Oil Production Update and Cashew Operation Record Monthly
Production

 

Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused
on building a portfolio of sustainable and diversified projects, is pleased to
provide a August production update for its Ayenouan palm oil project in Côte
d'Ivoire ('Palm Oil Operation') and to report a second consecutive month of
record production from the cashew processing plant at Tiebissou, Côte
d'Ivoire (the 'Cashew Operation').

 

Key Performance Metrics: August 2025 vs. August 2024

·      Crude Palm Oil (CPO) Production: August 2025, which marks the
second month of the low-season, saw CPO production decline by 51.7% compared
to August 2024, with the low season arriving earlier than last year. Fresh
Fruit Bunch (FFB) volumes remain subdued across the region, although
management anticipates an improvement within the next 4-6 weeks. This would
support higher  Q4 2025 FFB volumes compared with Q4 2024, when the low
season had already taken hold. The CPO extraction rate was 19.4%, marginally
higher than August 2024.

·      CPO Sales Volume: Lower FFB availability resulted in a 51.4%
reduction in sales volumes. All production continues to be sold into the
domestic market, where demand remains strong.

·      CPO Sales Price: The average realised sales price increased by
22.6% to €956 per tonne, supported by resilient international markets, which
continue to trade near historically high levels, which partially offset the
revenue impact of lower sales volumes.

·      Palm Kernel Oil (PKO) Sales Price: PKO sales remained robust,
with 358 tonnes sold at an average price of €1,209 per tonne. PKO continues
to provide strong pricing performance and remains an important contributor to
overall results during the low FFB season.

·      Cashew Operation: Processing of Raw Cashew Nuts (RCN) reached 585
tonnes in August 2025, a 396% increase compared to August 2024, marketing
another monthly record:

o  Quarterly production and sales data will be published in October 2025.

o  The Group reiterates its guidance for a significantly improved full-year
performance, including its first EBITDA-positive result from the Cashew
Operation.

·      Planning is well advanced for a further step-up in RCN processing
capacity, from approximately 20 tonnes to 30-35 tonnes per day, supported by
the arrival of additional shelling and colour-sorting lines. As previously
announced, the Group expects to begin ramping up capacity progressively from
October 2025.

 

                                              Aug-25    Aug-24  Change

 FFB processed (tonnes)                       4,035     8,454   -52.3%
 CPO Extraction Rate                          19.4%     19.2%   1.0%
 CPO production (tonnes)                      783       1,621   -51.7%
 CPO Sales (tonnes)                           864       1,777   -51.4%
 Average CPO price per tonne                  €956      €780    22.6%
 Palm Kernel Oil ('PKO') production (tonnes)  83        136     -39.0%
 PKO Sales (tonnes)                           358       Nil     n/a
 Average PKO price per tonne                  €1,209    n/a     n/a

 

Lincoln Moore, Dekel's Executive Director, said: "While August reflected the
early arrival of the low season, strong CPO and PKO prices continue to
underpin performance of the Palm Oil Operation in 2025.  The Cashew Operation
once again delivered record monthly output. With new processing capacity set
to come online during October, we are confident in building momentum into Q4
and remain on track to deliver our first EBITDA-positive year from the Cashew
Operation."

 

** ENDS **

 

For further information, please visit the Company's website
www.dekelagrivision.com or contact:

 

 Dekel Agri-Vision Plc          +44 (0) 207 236 1177

 Youval Rasin

 Shai Kol

 Lincoln Moore

 Zeus (Nomad and Joint Broker)  +44 (0) 203 829 5000

 James Joyce

 Darshan Patel

 John Moran

 

Notes:

Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company
focused on West Africa. It has a portfolio of projects in Côte d'Ivoire at
various stages of development: a fully operational palm oil project in
Ayenouan where fruit produced by local smallholders is processed at the
Company's 60,000tpa capacity crude palm oil mill and a cashew processing
project in Tiebissou, which is currently transitioning to full commercial
production.

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