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IN BRIEF: Camellia sees lower annual loss than previously forecast

31st Jan 2025 21:31

Camellia PLC - Kent, England-based agriculture and engineering services firm - Announces an improved forecast for the year ended December 31. Adjusted losses for 2024 are now forecast in the range of GBP4 to GBP5 million, down from the previous GBP7 to GBP9 million. This improvement is primarily the result of better than forecast results in Eastern Produce Kenya and in its Indian companies and increased interest income and foreign exchange benefits following the successful sale of BF&M, company says.

Current stock price: 4,918.00 pence

12-month change: up 7.9%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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