10th Jul 2026 18:44
Dekel Agri-Vision PLC - West Africa-focused agricultural company - Expects, for the first half of 2026, to report "a modest increase" in revenue year-on-year from its palm oil operation. Reports crude palm oil production totalling 22,676 tonnes, up 7.3% from 21,128 tonnes. Processed fresh fruit bunches totalled 107,626 tonnes, up 12% from 96,518 tonnes. CPO extraction rate decreases to 21.1% from 21.9%, but "improved in more recent months as the season progressed." CPO sales increase 5.0% to 22,225 tonnes from 21,168 tonnes. Palm kernel oil production, however, falls 19% to 1,201 tonnes from 1,474 tonnes, while PKO sales fall 31% to 848 tonnes from 1,220 tonnes. For the cashew operation, the amount of raw cashew nuts processed surges 46% to 3,165 tonnes from 2,172 tonnes. Cashew production jumps 82% to 948 tonnes from 521 tonnes. Sales more than double to 996 tonnes from 485 tonnes.
"Our palm oil operation delivered a strong first half in 2026...supported by particularly strong performances in April and May," Chief Executive Officer Youval Rasin says. "In addition, our cashew operation also delivered a strong first half...With good momentum across both operations, we approach the second half of the year with confidence."
Current stock price: 0.35 pence
12-month change: down 42%
By Emma Curzon, Alliance News reporter
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