Dekel Agri-Vision Plc (GB:DKL) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Dekel Agri-Vision Plc reports a decrease in palm oil production by 27.1% compared to record levels last April, but maintains a 5% increase year-to-date. Despite lower production, sales volumes surged by 45.8% due to strong first-quarter performance, with sales prices remaining high at €777 per tonne. The company’s Ayenouan palm oil project in Côte d’Ivoire continues to demonstrate robust financial performance with improved extraction rates contributing to higher gross margins.
For further insights into GB:DKL stock, check out TipRanks’ Stock Analysis page.