UK's M.P. Evans 2025 profit hits record high on strong pricing

M P Evans

24/03/2026 07:11

Overview

UK palm oil producer's 2025 revenue rose 5%, driven by strong pricing and higher own-crop processing

Earnings per share increased to 161.3p from 129.6p, reflecting record profitability

Company raised total dividend to 60p per share, up from 52.5p in 2024

Outlook

Company reports 10% increase in crop harvested in first two months of 2026

Company expects strong CPO pricing and robust PK prices to continue in early 2026

M.P. Evans plans further planting and land acquisitions in South Sumatra and East Kalimantan in 2026

Result Drivers

STRONG PRICING - Higher average selling prices for crude palm oil and palm kernels boosted profitability

OWN-CROP PROCESSING - Increased proportion of own crop processed in group mills improved margins

AREA EXPANSION - Acquisition of over 3,000 planted hectares and further new planting increased managed area and future crop potential

Company press release: ID:nRSX7652Xa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$371 mln
FY Net Income
$110.02 mln
FY EBIT
$138.83 mln
FY Gross Profit
$142.22 mln
FY Pretax Profit
$139.71 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the fishing & farming peer group is "buy."

Wall Street's median 12-month price target for M P Evans Group PLC is GBp1,600.00, about 10.3% above its March 23 closing price of GBp1,450.00

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)