Business
2025 Interim Results
Dekel Agri-Vision PLC reported a stronger Group result for H1 2025, with revenue increasing by 24.5% to €23.9m. EBITDA also increased by 10.7% to €3.1m, and the business achieved a break-even Net Profit, a significant improvement from the €0.7m Net Loss in H1 2024. The Palm Oil Operation saw revenues rise by 20.4% to €22.4m, while the Cashew Operation's revenues increased by 150% to €1.5m. The Cashew Operation's EBITDA loss narrowed to €0.2m, and it is expected to be EBITDA positive for FY 2025. The company successfully raised approximately £2.33m through an equity raise at 0.55p per share and agreed revised terms with lenders on existing facilities. Disclaimer*
About this update from Dekel Agri-vision Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended (\"MAR\"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \nDekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers\n \n26 September 2025\n \nDekel Agri-Vision Plc\n('Dekel', the 'Company' or the 'Group')\n2025 Interim Results\n \nDekel Agri-Vision Plc (AIM: DKL), the West African agribusiness company focused on building a portfolio of sustainable and diversified projects, is pleased to announce its unaudited interim results for the six months ended 30 June 2025.\n \nFinancial Highlights\nDekel Group\n· The significant improvement in the Cashew Operation, combined with the steady performance of the Palm Oil Operation, delivered a stronger Group result for H1 2025 compared to H1 2024. Group revenue increased by 24.5%, EBITDA increased by 10.7%, and the business reported a break-even Net Profit, compared to a Net Loss of €0.7m in H1 2024.\n· In June 2025, the Group also undertook an equity raise and debt restructure:\no Successfully raised c.£2.33m at 0.55p per share, alongside the conversion of a £1m loan from CEO Youval Rasin into equity at the same price.\no Agreed revised terms with NSIA Bank, BIDC and AgDevCo on existing lending facilities.\nAdvanced negotiations with bondholders to restructure on similar terms, with completion expected in Q4 2025.\nPalm Oil Operation\n· Revenues up 20.4% to €22.4m in H1 2025 (H1 2024: €18.6m), driven primarily by a 25.1% increase in Crude Palm Oil (\"CPO\") prices, which more than offset a 5.3% decline in CPO sales volumes. In addition, Palm Kernel Oil (\"PKO\") prices also rose 57.7% year-on-year. Revenue includes sales of CPO, PKO, Palm Kernel Cake (\"PKC\") and nursery plants.\n· Gross margin percentage decreased 16.7% compared to H1 2024, reflecting weaker harvesting conditions which led to heightened competition for Fresh Fruit Bunches (\"FFB\") and higher FFB procurement costs.\n· ...