MP Evans Group PLC Chief Executive Matthew Coulson and Chief Financial Officer Luke Shaw talked with Proactive about the company’s operations, financial performance, and growth outlook during the Proactive One2One investor forum.
Coulson opened the presentation by outlining MP Evans’ position as a sustainable palm oil producer operating across Indonesia with over 65,000 hectares under cultivation. He highlighted the company’s long-term presence in the sector, noting they recently celebrated 150 years as a company. Discussing sustainability, Coulson emphasised MP Evans’ commitment to responsible operations and net-zero ambitions. He noted that nearly 70% of its production in 2024 was certified as sustainable.
Luke Shaw shared financial highlights, revealing a 15% increase in revenue and a 66% rise in earnings per share. “We did a really fantastic job on keeping our costs lower,” he said, crediting favourable fertiliser pricing. He added the business ended 2024 with $80 million in gross cash and a net cash position of $46.4 million.
The company aims to reinvest through acquisitions and planting more of its own land to improve margins and grow certified output.
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