MP Evans has delivered a record year, with EPS (Dil. Adj.) up 64% to US$161.6c. It enjoyed an excellent 1H when everything went well for the company – and 2H was even better. The new year has started well, with the CPO mill-gate price averaging US$870/tonne; it’s too early to change our US$750/tonne mill-gate average but we have increased our gross margin assumption to reflect a better cost environment. We have increased our EPS (Dil. Adj.) FY25E forecast by 5.8% to US$141.1c for FY25E and by 5. ....
