REA’s recent results for the full year to December 2025 confirmed a highly satisfactory financial performance, in our opinion. Revenues increased c.4% year-on-year (to US$195m), while EBITDA rose by a very respectable 10% (to >US$67m). We confidently maintain our 190p/share price target – highlighting REA’s expectation of steadily increasing crops and extraction rates, as immature areas continue to come into production and substitute for replanted mature acreage across the company’s plantation e ....
