Sipef NV logo

SIP - Sipef NV News Story

€45 -0.3  -0.6%

Last Trade - 13/04/21

Sector
Consumer Defensives
Size
Mid Cap
Market Cap £408.6m
Enterprise Value £482.1m
Revenue £199.4m
Position in Universe 337th / 847

BRIEF-Sipef : 9 Month Total Palm Oil Production Up 5.3%

Thu 22nd October, 2020 6:24am
Oct 22 (Reuters) - SIPEF NV  SIFB.BR :
    * CORONAVIRUS HAS HAD NO SIGNIFICANT IMPACT ON GROUP'S
PRODUCTIONS
    * THE TOTAL PALM OIL PRODUCTION OF THE GROUP GREW BY 5.3%
COMPARED
TO THE FIRST NINE MONTHS OF LAST YEAR; THIS GROWTH SHOULD
CONTINUE IN Q4
    * TO DATE, THE GROUP HAS SOLD 94% OF THE EXPECTED PALM OIL
PRODUCTION FOR 2020 AT AN AVERAGE PRICE OF USD 703 PER TONNE CIF
ROTTERDAM EQUIVALENT, PREMIUMS INCLUDE
    * EXPECTS A RETURN TO PROFIT, WITH A RECURRING CONSOLIDATED
RESULT
AFTER TAX WHICH IS ANTICIPATED TO BE BETWEEN USD 10 AND 15
MILLION AT YEAR END

Source text for Eikon:  ID:nNDL29zkZ1 
Further company coverage:  SIFB.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.