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Dekel Agri-Vision Announces Strong 2023 Financials

Dekel Agri-Vision Announces Strong 2023 Financials

Dekel Agri-Vision (GB:DKL) has released an update.

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Dekel Agri-Vision PLC reports a solid financial performance for 2023, with a notable 22% increase in palm oil revenues to €37.1m, and a 57.1% surge in cashew revenues to €1.1m despite operational challenges. The company’s palm oil operations achieved higher production and sales volumes, contributing to a 4.2% rise in EBITDA to €4.8m, while the cashew segment faced technical setbacks that are being addressed with new equipment expected to arrive in H2 2024.

For further insights into GB:DKL stock, check out TipRanks’ Stock Analysis page.

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