Dekel Agri-Vision (GB:DKL) has released an update.
Dekel Agri-Vision reports a mixed outlook as its palm oil production faced a 17.9% decline in October 2024 due to an extended low season, yet benefits from high international crude palm oil prices are anticipated to boost future sales. Meanwhile, the company’s cashew operation is showing promising improvements with enhanced equipment boosting processing rates and quality, setting the stage for positive cash flow by December 2024. These developments indicate potential for increased profitability as Dekel moves into 2025.
For further insights into GB:DKL stock, check out TipRanks’ Stock Analysis page.
