Dekel Agri-vision Plc · LSE:DKL
Dekel Agri-vision — Q3 2023 Earnings Presentation
10 slides from Dekel Agri-vision's earnings presentation, October 2023
Slide 1: A West African focused agriculture company working for all stakeholders
A West African focused agriculture company working for all stakeholders Dekel Agri-Vision Limited : Interim and Q3 Results 2023 1
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by DekelOil Public Limited (the “Company”). By attending this presentation and/or reviewing the slides you agree to be bound by the following conditions. The information and opinions contained in this presentation have not been independently verified, a
Slide 3: Company Overview: Introduction
COMPANY OVERVIEW Introduction AIM traded multi-project, multi-commodity Palm Oil agricultural company focused on Cote d’Ivoire • Strong 2023 harvest – over 50% higher than 2022 • CPO prices remain supportive Collaborative model centred on working closely with • Near Record Revenue of over €35m forec
Slide 4: Palm Oil - Half Year Production 2023/2022
FINANCIALS Palm Oil - Half Year Production – 2023/2022 H1 2023 H1 2022 Change FFB collected (tonnes) 114,745 75,448 52.1% CPO Extraction Rate 21.9% 22.4% -2.2% CPO production (tonnes) 25,166 16,893 49.0% CPO Sales (tonnes) 20,758 16,966 22.4% Average CPO price per tonne €934 €1,013 -7.8% PKO product
Slide 5: Cashew - Half Year Production 2023/2022
FINANCIALS Cashew - Half Year Production – 2023/2022 Processing and Sales H1 2023 Pricing H1 2023 Raw Cashew Nut (RCN) Inventory Average Sales Price per tonne Opening RCN Inventory (tonnes) 1,841 - Unpeeled Cashews €3,500 RCN Purchased (tonnes) 1,378 - Peeled Cashews €4,500 RCN Processed (tonnes) 75
Slide 6: June 2023 Summary Interim Results
FINANCIALS 30 June 2023 Summary Interim Results H1 2023 H1 2022 H1 2023 EBITDA of €2.5m and net profit after tax of €0.4m compared to €4m EBITDA and €2.3m net profit after tax in H1 CPO production (tonnes) 25,166 16,893 2022. This result was driven by: • A decrease in the H1 2023 Palm Oil Operation
Slide 7: Palm Oil - Q3 Production 2023/2022
FINANCIALS Palm Oil – Q3 Production – 2023/2022 Q3 2023 Q3 2022 Change FFB collected (tonnes) 30,084 15,777 90.7% CPO Extraction Rate 19.3% 20.6% -6.3% CPO production (tonnes) 5,797 3,249 78.4% CPO Sales (tonnes) 10,143 3,471 192.4% Average CPO price per tonne €817 €1,022 -20.4% PKO production (tonn
Slide 8: Cashew - Q3 Production 2023/2022
FINANCIALS Cashew – Q3 Production – 2023/2022 Processing and Sales H1 2023 Pricing H1 2023 Raw Cashew Nut (RCN) Inventory Average Sales Price per tonne Opening RCN Inventory (tonnes) 2,460 - Unpeeled Cashews €3,300 RCN Purchased (tonnes) 41 - Peeled Cashews €4,500 RCN Processed (tonnes) 530 Closing
Slide 9: Summary
CORPORATE Summary Strong CPO Production driving close to record Palm Oil Operation performance ➢ CPO production expected to be well over 50% higher in 2023 ➢ CPO prices remain well above historical averages Commencement of commercial cashew production in 2023 ➢ Milestones include 100% ownership achi
Slide 10: www.dekelagrivision.com
www.dekelagrivision.com Dekel Agri-Vision Lincoln Moore Executive Director lincoln@dekeloil.com 10