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M.P. Evans ( (GB:MPE) ) has provided an update.
M.P. Evans Group PLC reported a 9% increase in the crop of fresh fruit bunches harvested in the first half of 2025 compared to the same period in 2024, recovering from previous dry weather conditions. The company strategically limited external crop purchases to maintain cost and quality, achieving strong extraction rates and benefiting from higher average prices for crude palm oil and palm kernels.
Spark’s Take on GB:MPE Stock
According to Spark, TipRanks’ AI Analyst, GB:MPE is a Outperform.
M.P. Evans is well-positioned with strong financials and strategic corporate actions driving potential growth. However, technical indicators suggest a cautious approach due to potential short-term overbought conditions.
To see Spark’s full report on GB:MPE stock, click here.
More about M.P. Evans
M.P. Evans Group PLC is a producer of sustainable Indonesian palm oil. The company focuses on the cultivation and production of palm oil and palm kernels, primarily operating in Indonesia.
Average Trading Volume: 62,209
Technical Sentiment Signal: Buy
Current Market Cap: £645.4M
For a thorough assessment of MPE stock, go to TipRanks’ Stock Analysis page.