M.P. Evans (GB:MPE) has released an update.
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M.P. Evans Group PLC, a sustainable palm oil producer, reports a robust financial performance for the first half of 2024, with a 78% surge in operating profit and an 81% rise in earnings per share. The Group experienced increases in both crop processing and crude palm oil production, as well as a significant uptick in sustainable production, leading to a 20% hike in the interim dividend. These positive results reflect higher production, improved palm oil prices, and reduced production costs, positioning the company for a strong full-year performance.
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