REG - M. P. Evans Group - 2025 Crop and production

M P EvansAnnouncement

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RNS Number : 8478P  M. P. Evans Group PLC  22 January 2026

M. P. EVANS GROUP PLC

("THE GROUP")

2025 crop and production

M.P. Evans Group PLC, a producer of sustainable Indonesian palm oil, is
pleased to announce the following crop and production information for the year
ended 31 December 2025:

                                             2025   Increase     2024

                                                    (decrease)
                                      Tonnes        %            Tonnes
 Crop of fresh fruit bunches ("ffb")
 Own crops                            1,009,300     8            937,000
 Scheme-smallholder crops             299,500       5            285,900
 Independent crops purchased          229,200       (41)         386,000
                                      1,538,000     (4)          1,608,900
 Production*
 Crude palm oil ("CPO")               360,800       (3)          372,200
 Palm kernels ("PK")                  78,900        (3)          81,300

*- figures include production from the Group's crop sold to third-party mills.

The Group achieved an encouraging increase in crop harvested from the areas
managed by it during 2025, including 8% more ffb from the Group's own
hectarage and a 5% rise from the areas managed on behalf of its associated
scheme smallholders. Part of this was because the Group benefits from crop
coming from areas recently acquired, but the Group also has many younger areas
which are giving an increasing yield as they continue to mature.

The Group continue deliberately to restrict the amount of independent crop
purchased for processing in its mills, a low-margin source of supply, with an
overall 41% decrease in 2025. This is part of the Group's ongoing strategy to
change the input mix to its processing facilities to prioritise its own,
higher-margin, harvest.

The Group received an average mill-gate price for its CPO of US$866 per tonne
in 2025, 5% higher than the US$823 in the previous year. Prices for PK were,
on average, US$748 per tonne in 2025, a substantial 42% higher than the US$525
in 2024. This high-price environment has had a positive effect on the Group's
revenue and profitability, as reported in the Group's announcement on 10
November 2025. Pricing in early 2026 remains robust, with the Group tendering
its CPO output for sale at approximately US$850 per tonne.

Consistent with the Group's announcement on 2 December 2025, work to restore
normal operations at the Simpang Kiri estate in Aceh following some flooding
has progressed well and there was no material impact on the Group's crop,
production or costs for 2025.

The Group remains committed to operating sustainably, and further information
on the Group's progress in this area is included in the recently published
environmental, social and governance ('ESG') report, available via the Group's
website.

More details on the Group's profitability, cash generation, and allocation of
resources towards a combination of ongoing growth whilst continuing to offer
attractive shareholder returns, will be made available in the forthcoming
results announcement and annual report.

M.P. Evans chairman, Peter Hadsley-Chaplin, commented: "The Group has been
able to achieve impressive operational results in 2025, with a clear focus on
processing the Group's high-quality crop through its own milling facilities.
Along with a supportive price environment, the Group will deliver excellent
results for 2025, ensuring that, as a responsible palm-oil producer focused on
excellence, it can continue to pursue its strategic priorities of continuing
growth and an increasing yield."

Enquiries:

 M.P. Evans Group PLC                 Telephone: +44 (0) 1892 516333
 Peter Hadsley-Chaplin, chairman
 Matthew Coulson, chief executive

Luke Shaw, chief financial officer

 

 Cavendish Capital Markets (Nomad and joint broker)  Telephone: +44 (0) 20 7220 0500
 Matt Goode, George Lawson (Corporate finance)

 Tim Redfern, Harriet Ward (ECM)

 

 Canaccord Genuity Limited (Joint broker)      Telephone: +44 (0) 20 7523 4500
 Henry Fitzgerald O'Connor, George Grainger

 Alma Strategic Communications (Financial PR)  Telephone: +44 (0) 20 3405 0205
 Rebecca Sanders-Hewett, Josh Royston, David Ison

 

 

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