M. P. EVANS GROUP PLC
("THE GROUP")
2026 H1 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 six months ended 30 June 2026.
|
H1 2026 |
Increase/ (decrease) |
H1 2025 |
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|
Tonnes |
% |
Tonnes |
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|
Crop of fresh fruit bunches ("ffb") |
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|
Own crops |
537,500 |
13 |
473,700 |
|
|
Scheme-smallholder crops |
167,900 |
15 |
145,400 |
|
|
Group harvested |
705,400 |
14 |
619,100 |
|
|
Independent crops purchased |
92,800 |
(22) |
118,600 |
|
|
798,200 |
8 |
737,700 |
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|
Production* |
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|
Crude palm oil ("CPO") |
192,300 |
11 |
172,800 |
|
|
Palm kernels ("PK") |
42,100 |
11 |
37,900 |
|
*- figures include production from the Group's crop sold to third-party mills.
The total crop of ffb harvested by the Group in the first half of 2026 from the areas managed by it was 705,400 tonnes, 14% higher than in the same part of 2025. The Group has enjoyed crop increases across almost all its estates during the first half of the year, whilst at the same time benefiting from an encouraging yield from the areas acquired at Bumi Mas in the second half of last year. Excluding the newly acquired areas, the Group's own harvest increased by 9%. Crops purchased from independent suppliers continue to supplement the Group's own harvests to increase the total amounts processed in Group mills. However, the amount purchased is, once again, being reduced as the Group's harvest increases, which benefits both the overall cost and quality of mill inputs. The Group continues to achieve strong extraction rates for both CPO and PK, both of which have increased when compared to the first half of 2025.
In the period to the end of June 2026, CPO prices remained strong and the Group realised an average price at mill gate of US$873 per tonne, a little higher than the US$868 in the first half of 2025. PK pricing was robust in the first half of the year and Group sales averaged US$813 per tonne (mill gate), 9% higher than the US$747 per tonne in 2025.
Enquiries
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M.P. Evans Group PLC |
Telephone: +44 (0) 1892 516333 |
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Peter Hadsley-Chaplin, chairman |
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Cavendish Capital Markets (Nomad and joint broker) |
Telephone: +44 (0) 20 7220 0500 |
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Matt Goode, George Lawson (Corporate finance) Will Smith, Harriet Ward (ECM) |
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Canaccord Genuity Limited (Joint broker) |
Telephone: +44 (0) 20 7523 4500 |
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Henry Fitzgerald O'Connor, George Grainger
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Alma Strategic Communications (Financial PR) |
Telephone: +44 (0) 20 3405 0205 |
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Rebecca Sanders-Hewett, Josh Royston, David Ison
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About M.P. Evans
M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil, with plantations and mills in five Indonesian provinces: Aceh, Bangka Belitung, East Kalimantan, North Sumatra and South Sumatra.
Demand for vegetable oil has increased steadily for several decades as populations and incomes have grown, and that demand is expected to continue increasing for the foreseeable future. Palm oil is the largest of the world's major vegetable oils, by volume and international trade, and it is the most efficient to produce. M.P. Evans has been investing in sustainable Indonesian palm oil for the long term, and has the operational excellence to deliver increasing returns from its high-quality estates and mills.
M.P. Evans is a member of the Roundtable on Sustainable Palm Oil (RSPO), the leading organisation for sustainable palm oil, and it develops and manages its plantations in adherence to its stringent social and environmental criteria. The Company was also awarded the Green Economy Mark by the London Stock Exchange in recognition of its sustainable practices and positive contribution to the global green economy.
Headquartered in the UK, M.P. Evans' shares are traded on the London Stock Exchange's Alternative Investment Market.