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Dekel Agri-Vision ( (GB:DKL) ) has shared an update.
Dekel Agri-Vision Plc reported a strong performance in February 2025 for its palm oil and cashew operations in Côte d’Ivoire. The palm oil project saw a 28.5% increase in sales volume and a 25.2% rise in sales price, leading to expected revenue growth of over 70% compared to the previous year. The cashew operation continues its positive momentum, with plans to procure 2,500 tonnes of raw cashew nuts to support increased production, aiming for its first-ever EBITDA-positive year. These developments indicate a significantly improved financial performance for the company, driven by strong market conditions and strategic operational advancements.
More about Dekel Agri-Vision
Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company focused on West Africa. It has a portfolio of projects in Côte d’Ivoire at various stages of development, including a fully operational palm oil project in Ayenouan and a cashew processing project in Tiebissou, which is transitioning to full commercial production.
YTD Price Performance: -21.05%
Average Trading Volume: 612,080
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.31M
See more insights into DKL stock on TipRanks’ Stock Analysis page.