Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.