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Dekel Agri-Vision Reports Stable 2024 Results Amid Operational Turnaround

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Dekel Agri-Vision Reports Stable 2024 Results Amid Operational Turnaround

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An announcement from Dekel Agri-Vision ( (GB:DKL) ) is now available.

Dekel Agri-Vision Plc announced its 2024 financial results, highlighting stable Group EBITDA at €2.6 million. The Palm Oil Operation faced a decline in revenue due to lower volumes and prices, yet maintained a positive EBITDA of €3.9 million. Conversely, the Cashew Operation showed significant improvement with a 40.9% reduction in EBITDA loss, attributed to new equipment and better market conditions. The company anticipates stronger performance in 2025, supported by a rebound in crude palm oil prices and continued progress in the cashew segment. Additionally, Dekel Agri-Vision has undertaken financial restructuring to strengthen its balance sheet and align with long-term growth strategies.

More about Dekel Agri-Vision

Dekel Agri-Vision Plc is a West African agribusiness company focused on sustainable and diversified projects. It operates a palm oil project in Ayenouan, Côte d’Ivoire, processing fruit from local smallholders, and a cashew processing project in Tiebissou, which is transitioning to full commercial production.

Average Trading Volume: 671,670

Technical Sentiment Signal: Sell

Current Market Cap: £3.45M

See more insights into DKL stock on TipRanks’ Stock Analysis page.

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