REG - Dekel Agri-Vision - July Palm Oil & Record Cashew Operation Update

Dekel Agri-VisionAnnouncement

11/08/2025 07:00

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RNS Number : 6942U  Dekel Agri-Vision PLC  11 August 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.

 

11 August 2025

 

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

 

Dekel Agri-Vision Plc

('Dekel' or the 'Company')

July 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 July production update for its Ayenouan palm oil project in Côte
d'Ivoire ('Palm Oil Operation') and to report record monthly production from
the cashew processing plant at Tiebissou, Côte d'Ivoire (the 'Cashew
Operation').

 

Key Performance Metrics: July 2025 vs. July 2024

·      Crude Palm Oil ('CPO') Production: Fresh Fruit Bunche volumes
entered the low season much earlier than in 2024, resulting in a 53.5%
decrease in CPO production in July 2025 compared to July 2024.  The CPO
extraction rate was slightly lower than in July 2024.

·      CPO Sales Volume: Down 69.8%, largely reflecting the lower CPO
production levels in July.  Local demand for CPO remains strong.

·      CPO Sales Price: Up 22.4% to €952 per tonne.  Local CPO market
prices are now consistent with global benchmarks, which remain close to
historically high levels.

·      Palm Kernel Oil ('PKO') Sales Price:  PKO prices remain near
record levels, at €1,175 for July 2025.

·      Cashew Operation: Key monthly like-for-like production KPIs
remain materially ahead of July 2024 including record monthly Raw Cashew Nut
('RCN') processing of 533 tonnes, a 423% increase compared to July 2024:

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 in 2025, including its first-ever EBITDA-positive result.

·      As previously announced, additional shelling machines and a
colour sorter were ordered to increase daily RCN processing from approximately
20 tonnes to 30-35 tonnes per day.

·      This new equipment will start arriving at Abidjan port within the
next two weeks, with a further step-up in daily RCN production expected from
October 2025.

 

                                              July-25   July-24  Change

 FFB processed (tonnes)                       5,637     11,517   -51.1%
 CPO Extraction Rate                          19.6%     20.7%    -5.3%
 CPO production (tonnes)                      1,107     2,379    -53.5%
 CPO Sales (tonnes)                           1,010     3,340    -69.8%
 Average CPO price per tonne                  €952      €778     22.4%
 Palm Kernel Oil ('PKO') production (tonnes)  121       195      -37.9%
 PKO Sales (tonnes)                           128       Nil      n/a
 Average PKO price per tonne                  €1,175    n/a      n/a

 

Lincoln Moore, Dekel's Executive Director, said: "CPO production was
seasonally lower due to the earlier onset of low-season conditions compared to
the late low season last year. This was partially offset by continued strong
CPO pricing momentum in July, with prices rising 22.4% year-on-year. The
Cashew Operation delivered a record-breaking month, processing 533 tonnes of
RCN - an 423% increase vs. July 2024 - positioning the  Cashew Operation to
achieve full-year EBITDA profitability for the first time. Additional shelling
capacity is enroute, with a further uplift in daily RCN throughput expected
from October."

 

** 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

 Optiva Securities Limited (Joint Broker)  +44 (0) 203 137 1903

 Christian Dennis

 Daniel Ingram

 

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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