There has been some seasonality that has affected H1 crops and production performance, but production has rebounded strongly in July and August, the CPO price has declined slower than we anticipated, and fertiliser costs have fallen. Consequently, we leave our forecasts unchanged. It’s been an exceptional couple of years for profitability and FCF generation for MP Evans; this cashflow is being put to good use and is funding an ongoing programme of share buy-backs and acquisitions, with two annou ....
