Management will present our Interim results for H1 2024 (announced today!) to investors registered on the Investor Meet Company platform on Wednesday 18th September at 12pm (BST). You can register to watch the presentation by signing up to the platform for free here: https://lnkd.in/d2dM-CW We hope to see you then! #MPEvans #investorengagement #interimresults2024 #H124
MP Evans Group plc (MPE)
Food and Beverage Manufacturing
Royal Tunbridge Wells, England 10,002 followers
M.P. Evans - Sustainable Indonesian palm oil
About us
M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil with plantations and mills in five Indonesian provinces. At the end of 2023, the Group owned 46,600 hectares of oil palm and operated six palm-oil mills. In addition, it managed 15,900 further hectares on behalf of associated smallholders. The Group is focused on ongoing growth and delivering progressive shareholder returns. It is committed to the wellbeing of the communities in which it operates through the provision of high-quality housing, schools, community clubhouses and sport facilities, places of worship, and medical clinics. The Group’s shares are listed on the London Stock Exchange AIM.
- Website
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http://www.mpevans.co.uk
External link for MP Evans Group plc (MPE)
- Industry
- Food and Beverage Manufacturing
- Company size
- 5,001-10,000 employees
- Headquarters
- Royal Tunbridge Wells, England
- Type
- Public Company
- Founded
- 1870
Locations
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Primary
3 Clanricarde Gardens
Royal Tunbridge Wells, England TN1 1HQ, GB
Employees at MP Evans Group plc (MPE)
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Michael Sherwin
NED, rounded Boardroom presence, experienced Auditco Chair, Senior Independent Director (SID), and former Plc CFO of 20-years. Helping Board…
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Trev Bayley
Operations and Financial Analyst at MP Evans Group PLC (MPE)
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Parthasarathi Pakkirisamy
Renewable Energy and Compost Expert
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Purnadjaja Kurniawan
Head Of Procurement at MP Evans Group PLC (MPE)
Updates
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We’re delighted to share a very strong set of interim results for the six months ended 30 June 2024, with the Group reporting an increase in crop and production in the first half of the year, alongside higher selling prices and lower costs. Our results feature earnings per share increasing by 81% to 44.9p. With an interim dividend for 2024 of 15p per share, our unbroken track record of maintaining or increasing our dividend – spanning more than thirty years – continues! Read our full HY results here: https://lnkd.in/eiBy44f8 #MPEvans #dividends #interimresults2024 #H124 #sustainablepalmoil #LSE #AIM #results
London Stock Exchange | London Stock Exchange
londonstockexchange.com
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We’re excited to be announcing our interim results for the six months ended 30 June 2024 on Monday, 16 September 2024. Want to know more? Join a live online presentation on the results on Wednesday, 18 September 2024 at 12.00 BST on the Investor Meet Company (IMC) platform. Hear from the chairman and executive directors of the Group, and submit questions using the IMC Dashboard ahead of the event. What’s more, via the IMC platform investors will be able to share feedback with management. Join us on the 18 September 2024 using the following link: https://lnkd.in/d2dM-CW We hope to see you soon! #AIM #LSEG #IMC #shareholders #investors #palmoil #sustainability
Register Investor
investormeetcompany.com
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We're pleased to announce our Crop and Production Update for the six months ended 30 June 2024. Key highlights include: · Total crop of FFB processed in the first half of 2024 was 5% higher than that processed in the same period in 2023. · An average CPO price at mill gate of US$771 per tonne, a 2% increase compared with US$755 in the first half of 2023 You can find our full update here: https://lnkd.in/evg-jNYA
London Stock Exchange | London Stock Exchange
londonstockexchange.com
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We're pleased to announce the publication of our report based on the Taskforce on Climate-related Financial Disclosures (the 'TCFD'). The report outlines our arrangements for monitoring and managing climate-related risks, alongside strategic and risk-management responses. Significantly, our total greenhouse emissions have decreased by 19% since 2021, and we've made progress towards net-zero targets as well as increasing land allocated for protected conservation! Please find the full report here: https://lnkd.in/eTh5dJxB
Sustainability reports - M.P. Evans
https://www.mpevans.co.uk
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Listen to our CEO Matthew Coulson speak to Proactive's Stephen Gunnion about our annual AGM that took place on Friday 14th June. Matthew highlights encouraging Group outcomes in the first five months of the year, including a recorded rise in crop processing of 8% and and a 10% increase in palm oil production. Moreover, Matthew and Stephen chat through last year's acquisition of 10,000 hectares and its exciting implications for shareholders. MP Evans Group reports a strong start to 2024, with palm oil production jumping 10% | AIM:MPE (proactiveinvestors.co.uk) #MPE #Sustainable #PalmOil
Proactive - Proactive financial news: fast, accessible, and actionable articles and videos for the global investment audience. - Home
proactiveinvestors.co.uk
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The Board was delighted to catch up with some of our shareholders on Friday, for the Group’s 2024 Annual General Meeting. For those unable to attend, a recording is available on the following link: https://lnkd.in/eUTe9Khp #LSE #AIM #shareholders #investorrelations #sustainability #palmoil
M.P. EVANS GROUP PLC - Annual General Meeting
https://www.youtube.com/
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Today we will host our Annual General Meeting at Tallow Chandlers Hall, London. We look forward to welcoming shareholders - old and new - for the event! Please find this morning's AGM Statement here: https://lnkd.in/ekq9AxuY #AIM #LSE #sustainability #palmoil
London Stock Exchange | London Stock Exchange
londonstockexchange.com
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We’re delighted to announce that we’ve completed the purchase of the 5% minority holding in almost all our Indonesian subsidiary trading companies. The total cost of the purchase came to $14 million - based on a price of $9,000 per planted hectare - and was funded from existing cash resources. On the acquisition, our Chairman Peter Hadsley-Chaplin commented “This acquisition is yet another step forward in the Group's strategy, securing 100% ownership in almost all our estates to the benefit of all Group shareholders."
MP Evans Group plc (MPE) , the sustainable palm oil producer, has acquired a 5% minority stake in its Indonesian subsidiary trading companies. The total cost of the acquisition was $14 million based on a price of US$9,000 per planted hectare and was funded from existing cash reserves. However, cash outflow was $6 million as the sum was netted off against a loan the seller had with MPE. This purchase was made by PT Evans Indonesia, the group’s subsidiary and included estates at Kota Bangun, Pangkatan, Bumi Mas, Musi Rawas, and Simpang Kiri. The seller was Praba Madhavan PA Madhavan. After this transaction, the only remaining minority interest is a 10% stake in the Group’s Bangka estate. More at #Proactive #ProactiveInvestors #MPEvans #palmoil http://ow.ly/yApZ105vlW4
MP Evans makes $14m earnings enhancing purchase of minority stake
proactiveinvestors.co.uk
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Our CEO Matthew Coulson spoke at Wednesday's FT Moral Money Summit on a panel exploring 'How businesses are confronting trade-offs between long-term sustainability goals and short-term costs'. Matthew spoke about MP Evans' industry-leading ESG credentials and the Group's focus on sustainability, and how fundamental this focus is to our business model and investment case. Thanks to Andrew Hill , André Hoffmann and Catherine Dolton for an interesting discussion. #FTMoralMoney #FTLive #ESG #responsibleinvesting #sustainablepalmoil