M.P. Evans (GB:MPE) has released an update.
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M.P. Evans Group PLC reports a significant boost in crude palm oil prices, with recent sales exceeding US$950 per tonne, thanks to tightening global vegetable-oil supplies. This price surge, combined with cost control efforts, is expected to enhance the company’s revenue and profitability for 2024. Investors can anticipate a positive financial outlook as the company prepares to release its full year update in January 2025.
For further insights into GB:MPE stock, check out TipRanks’ Stock Analysis page.
