Highlights

  • Total crop harvested in 2025 up 8% year-to-date through October.
  • Average ex-mill-gate prices remain stable at USD 869/tonne for CPO and USD 756/tonne for PK.
  • Group has repaid all outstanding loans totaling USD 20.9 million as of June 2025.

M.P. Evans Group PLC (LSE:MPE)  a producer of sustainable Indonesian palm oil, reported that total crop harvested during the first ten months of 2025 reached an 8% increase year-on-year. This figure includes both the Group’s own hectarage and areas managed on behalf of associated scheme smallholders. The Group had previously reported 619,100 tonnes harvested in the first half of 2025, reflecting a 9% rise compared to the previous year.

Purchase Strategy Supports Sustainability and Margin
Management continued to limit purchases from independent suppliers to adjust the input mix to Group mills. This approach supports the Group’s sustainability initiatives and margin objectives. By the end of June, crop purchases were down 39% year-on-year, with the reduction maintained at 40% by the end of October.

CPO and PK Pricing Trends
The Group observed stable pricing for crude palm oil (CPO) and palm kernels (PK) throughout the year. Average ex-mill-gate prices for CPO in the first half of 2025 were USD 868/tonne, rising slightly to USD 869/tonne by the end of October. PK prices increased from USD 747/tonne in the first half to USD 756/tonne in October. Sales tenders for November indicate similar pricing, at approximately USD 850/tonne for CPO and USD 780/tonne for PK.

Financial Position and Cash Flow
The Group’s continued focus on cost control, combined with steady pricing, has supported higher-than-expected revenue and profitability. Cash generation has remained strong in the second half of 2025, enabling the repayment of all outstanding loans, which amounted to USD 20.9 million as of 30 June 2025.

Share Performance of MPE

MPE was trading 4.63% higher at 1,355.0 GBX per share as of 10 November 2025.