sur R.E.A. Holdings Plc (ETR:GB000234)
R.E.A. Holdings Plc Releases 2024 Trading Update
R.E.A. Holdings Plc has provided a trading update for the fiscal year ending December 31, 2024. The company, primarily engaged in cultivating oil palms and producing CPO and CPKO in East Kalimantan, Indonesia, reported a decrease in production due to climatic factors. Group Fresh Fruit Bunch (FFB) production declined by 10%, reflecting a shift in crop levels and the impact of replanting activities.
Despite lower agricultural output, firmer selling prices mitigated financial impacts. CPO prices peaked at $1,390 per tonne and remained above $1,000 per tonne into 2025. The average realized price for CPO rose from $718 in 2023 to $819 per tonne.
Sustainability efforts showed progress, with the group achieving a higher SPOTT assessment score, indicating enhanced ESG practices. Additionally, stone and sand operations moved towards commercial production, contributing positively to future financial performance.
Financially, the company secured additional funding from Indonesian banks, strengthening cash resources. The outlook for 2025 suggests potential improvements in profitability driven by recovery in agricultural yields and ongoing development in stone and sand operations.
R. E.
Copyright © 2025 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de R.E.A. Holdings Plc