REG - Dekel Agri-Vision - FY25 Production and Directorate Update

Dekel Agri-VisionAnnouncement

12/01/2026 07:00

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RNS Number : 4181O  Dekel Agri-Vision PLC  12 January 2026

 

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.

 

12 January 2026

 

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

 

Dekel Agri-Vision Plc

('Dekel' or the 'Company')

FY 2025 Palm Oil and Cashew Production Update and Directorate Update

 

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 its year end production update for the period ending 31 December 2025
('FY 2025') for the Ayenouan palm oil project in Côte d'Ivoire ('Palm Oil
Operation') and for our cashew processing plant at Tiebissou, Côte d'Ivoire
(the 'Cashew Operation').

 

Palm Oil Operation Key Performance Metrics: FY 2025 vs. FY 2024

·    Palm Oil Operational Highlights: For FY 2025, Palm Oil Operation
revenue is expected to exceed 2024 by approximately 5%, driven by strong Crude
Palm Oil ('CPO') and Palm Kernel Oil ('PKO') pricing, offsetting a decrease in
CPO production volumes.

·    CPO Production: 21,128 tonnes, a decrease of 16.3%. This year
represented the lowest harvesting environment we have historically
experienced. Periods of lower production have historically been cyclical, and
we expect an uplift in production as we shortly re-enter the high season,
which typically commences in late January. We will continue to provide monthly
production updates.

·     CPO Extraction Rate: Remained steady at 21.3%.

·     CPO Sales Volume: A decrease of 16.8% reflecting the decrease in
CPO production. Local demand continues to be strong with all CPO production
for FY 2025 being sold.

·     CPO Sales Price: Increased by 23% to €972 per tonne.
International CPO prices remain highly supportive and have flowed through to
local CPO pricing (December CPO sales prices were above €1000 per tonne),
particularly in H2 2025, driven by supply shortages resulting from the low
harvesting year.

·    PKO Sales Price: PKO prices increased by a significant 51.8%.
Similar to CPO, international PKO prices rose materially in FY 2025 due to
tight local supply conditions resulting from the weak harvesting year.

 

                                               FY-2025   FY-2024  Change

 Fresh Fruit Bunch ('FFB') processed (tonnes)  127,057   151,101  -15.9%
 CPO Extraction Rate                           21.3%     21.5%    -0.9%
 CPO production (tonnes)                       27,217    32,498   -16.3%
 CPO Sales (tonnes)                            27,039    32,491   -16.8%
 Average CPO price per tonne                   €972      €790     23.0%
 Palm Kernel Oil ('PKO') production (tonnes)   1,967     2,096    -6.2%
 PKO Sales (tonnes)                            1,883     2,059    -8.5%
 Average PKO price per tonne                   €1,252    €825     51.8%

 

Cashew Operation Key Performance Metrics: FY 2025 vs. FY 2024

 

·     Cashew Operational Highlights: The Cashew Operation improved
significantly during FY 2025 compared to FY2024 largely due to the successful
installation of additional shelling and peeling equipment:

o  RCN ('Raw Cashew Nut') processed increased by 292.6%

o  Cashew production rose by 337.3%

o  Cashew sales prices rose by 23.1%

·     RCN Purchasing and Processing: RCN processing volumes increased by a
substantial 292.6% to 5,606 tonnes. RCN purchasing and processing included
c.2,850 tonnes of third-party RCN to produce a new specialised unpeeled
product which has proven to be a successful initiative, particularly whilst we
restore our internal stock levels. This product line is delivering margins
comparable to our own RCN processing. The accounting treatment of third party
RCN - whether fully consolidated or recognised on a margin basis - will be
confirmed in the year-end financial audit.

·      Processing Efficiency: Key improvements included:

o  Better whole-to-broken nut ratios

o  Enhanced peeling performance

o  Increased extraction rates- while the headline extraction rate of 24.3%
includes unpeeled cashews, the normalised rate of c.22% for internal RCN was
consistent with FY 2024.

·      Production & Sales: Higher processing volumes are translating
directly into output and sales:

o  Cashew production increased 337.3%

o  Cashew sales volumes increased 231.6%

·   Sales Prices: Prices for cashews (excluding 3(rd) party processed
stock) in FY 2025 increased by 23.1% compared to FY 2024 reflecting a rebound
in global cashew prices during 2025.

 

                                                 FY-2025   FY-2024   Change

 RCN Inventory
 Opening RCN Inventory (tonnes)                  742       1,751     -57.6%
 RCN Purchased (tonnes)                          6,001     419       1,332.2%
 RCN Processed (tonnes)                          5,606     1,428     292.6%
 Closing RCN Inventory (tonnes)                  1,137     742       53.2%

 Cashew Processing
 Opening Cashews (tonnes)                        79        154       -48.7%
 RCN Processed (tonnes)                          5,606     1,428     292.6%
 Cashew Extraction Rate                          24.3%     21.8%     11.5%
 Cashew Produced (tonnes)                        1,360     311       337.3%
 Cashew Sales (tonnes)                           1,280     386       231.6%
 Closing Cashews (tonnes)                        159       79        101.3%

 Average Sales prices per tonne
 -       Peeled Cashews (including mixed)        €4,800    €3,900    23.1%

 

Directorate Update

 

Lincoln Moore's director role within the Company has changed to a
non-executive role.

 

Youval Rasin, Dekel's Chief Executive Officer said: "In FY 2025, Palm Oil
revenues increased by approximately 5% year-on-year, driven by higher CPO and
PKO prices, with all production sold despite lower volumes. The Cashew
Operation delivered a strong improvement in performance, with significant
gains in production, sales volumes, and pricing, reflecting enhanced
efficiency and more favorable cashew prices. With additional cashew production
capacity commissioned in late H2 2025, the Cashew Operation is well positioned
for further growth in 2026."

** 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 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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