M.p. Evans Group Plc · LSE:MPE
M.p. Evans — FY2025 Earnings Presentation
29 slides from M.p. Evans's earnings presentation, Mar 24, 2026
Slide 1: 2025 results
2025 results Record profits, record dividends, and well placed for increasing returns 24 March 2026
Slide 2: M.P. Evans overview
M.P. Evans overview A top 10 AIM listed, fully integrated and sustainable Over 70,000 Six zero-waste Indonesian palm-oil producer, from land planted hectares palm-oil mills development and cultivation, through harvesting With the highest standards and a Across the Group’s Indonesian plantations and
Slide 3: 2025 – a record year
2025 – a record year 01 Strong pricing, supported by beneficial crop mix, leading to record profits and cash generation 02 Continuing to grow the Group, with more planting and new areas acquired 03 Robust financial position, with all debt repaid in year and resources available for expansion 04 Deliv
Slide 4: 2025 highlights
2025 highlights Financial highlights Revenue Earnings per share Normal dividend Net cash (US$) 5% to US$371.0 million 24% up to 161.3p 14% up to 60.0p per share 87.5m Debt free (2024: US$352.8 million) (2024: 129.6p) (2024: 52.5p per share) (2024: US$46.4 million) Operational highlights Total crops
Slide 5: Strategy update (REGY)
Strategy update (REGY) Delivering on the Group’s strategic priorities M.P. Evans is a responsible producer of sustainable Indonesian palm oil, striving for excellence in all its operations, with a focus on continuing growth and offering an increasing yield. Responsibility Excellence Growth Yield Inc
Slide 6: Vegetable-oil market
Vegetable-oil market Palm oil is in growing demand globally Palm oil is the world's largest Indonesian palm-oil production Global vegetable-oil consumption Steadily increasing demand driven by vegetable oil by volume and rebounded from weather-related grown by 4% per annum on average growing populat
Slide 7: Palm oil in context
Palm oil in context M.P. Evans delivers sector-leading yields Essential ingredient for food Indonesian bio-fuel ambitions Can be harvested continuously all It is the most land-efficient security and nutrition for billions continue to increase, with ongoing year-round, unlike other seasonable vegetab
Slide 8: Palm-oil market
Palm-oil market Crude-palm-oil price (US$ per tonne cif Rotterdam) 2025 pricing Pricing increased in 2025, for CPO and PK Average mill-gate price for Group production US$866 per tonne in year, up by 5% on 2024 Pricing has remained strong in early part of 2026 Some improvement in CPO pricing due to i
Slide 9: Crop, production and sustainable output
Crop, production and sustainable output A focus on profitable growth 2025 2024 15% 24% 19% 18% 24% 31% 66% 23.5% 23.2% 58% 76% 69% Crop processed CPO produced Crop processed CPO produced 1.54m 0.36m 1.61m 0.37m Group Scheme smallholders Independent Certified CPO Non-certified CPO Total crop processe
Slide 10: 2025 financial performance
2025 financial performance M.P. EVANS GROUP PLC
Slide 11: 2025 financial analysis: revenue and cost per tonne
2025 financial analysis Revenue and cost per tonne 2025 2024 2025 2024 US$ US$ Group cost US$ US$ Revenue 371.0m 352.8m per tonne 414 410 (own palm product) 2025 (US$m) 2024 (US$m) 2025 2024 CPO 296.6 297.8 Labour 37% 36% PK 56.6 40.9 Fertiliser 11% 12% Depreciation 21% 21% FFB 17.8 14.1 Central cos
Slide 12: 2025 financial analysis: gross profit
2025 financial analysis Key margin drivers Gross profit CPO and PK pricing benefit due to increases of 5% and 42% Lower crop processed offset by improved product mix Immediately earnings enhancing acquisition 180 Weakening IDR offsetting cost inflation 160 34.0 3.3 8.3 139.3 2.9 142.2 140 137.2 (13.
Slide 13: 2025 financial analysis: cash generation
2025 financial analysis Cash generation 0.9 Interest Sources 79.2 161.5 (US$m) Opening cash Cash from operations 2.8 Dividends from associates Uses (26.0) (32.5) (24.6) (33.0) (38.7) 87.5 (US$m) Tax Debt Capex Acq. Dividends Closing cash repayments (2.1) Other Capital allocation balancing operationa
Slide 14: 2025 financial analysis: dividends
2025 financial analysis Dividends 60 50 Normal dividend of 60p per share for 2025, up 14% on prior year 40 Pence 30 Further extension of 35-year progressive dividend approach with a focus on 20 sustainable dividend growth 10 EPS enhancement from operations and net finance 0 2015 2016 2017 2018 2019
Slide 15: 2025 sustainability
2025 sustainability M.P. EVANS GROUP PLC
Slide 16: Sustainability: on track with emissions targets
Sustainability On track with emissions targets 2025 2024 2023 2021 tCO2e tCO2e tCO2e tCO2e Carbon emissions Scope 1 180,400 199,700 203,900 188,000 Scope 2 700 700 600 400 Scope 3 1,338,800 1,589,300 2,046,700 2,594,400 1,519,900 1,789,700 2,251,200 2,782,800 Reduction from baseline year 45% 36% 19%
Slide 17: Sustainability: operational sustainability
Sustainability Operational sustainability Group continues to be Covered ponds collect focused on responsible waste water from mills operation, including to avoid methane zero-waste approach being released to at mills the atmosphere Methane used as a Group reviewing valuable resource, opportunities t
Slide 18: Future plans
Future plans M.P. EVANS GROUP PLC
Slide 19: Future plans
Future plans We seek to grow and develop the Group Responsibility Excellence Growth Yield We will increase the We are building new With the ambition to We remain committed volume and proportion facilities at our estates, find suitable land, and to sound financial of certified sustainable including a
Slide 20: Future growth focus
Future growth focus (tonnes, millions) Organic growth 2.0 Estate management focused on improving yields at 1.8 existing locations, along with greater productivity from maturing hectares 1.6 Improving crop at recently acquired locations will support 1.4 continuing growth 1.2 Investment in planting at
Slide 21: Outlook and summary
Outlook and summary M.P. EVANS GROUP PLC
Slide 22: Outlook: current trading
Outlook: current trading Strong crop growth, and managing margins on independent purchases Crop 2 months ended Increase/ 2 months ended 28 February 2026 (decrease) 28 February 2025 Tonnes % Tonnes Own crops 169,500 13 150,100 Scheme-smallholder crops 50,100 - 50,000 Independent crops purchased 26,60
Slide 23: Summary
Summary 2025 2026 and beyond Revenue Earnings Mill-gate Normal per share price dividend Mix of crop processed continues to be actively managed to 5% 24% 5% 14% enhance profitability to US$371.0 to 161.3p to US$866 to 60.0p Continued organic growth from million per tonne per share new planting and on
Slide 24: Thank you
2 : 2 > Thank you
Slide 25: Appendices
Appendices Summary operational information Summary financial information Oil palm life cycle
Slide 26: Summary operational information
01 Summary operational information 2025 Increase/(decrease) 2024 Tonnes ‘000 % Tonnes‘000 Crop Own crops 1,009 8 937 Scheme-smallholder crops 300 5 286 Independent crops purchased 229 (41) 386 1,538 (4) 1,609 CPO production Group mills 343 (4) 356 Third-party mills 18 14 16 361 (3) 372 M.P. EVANS GR
Slide 27: Summary financial information
02 Summary financial information 2025 2024 Revenue US$m 371.0 352.8 Gross profit US$m 142.2 116.6 Gross margin % 38 33 Profit for the year US$m 113.0 90.6 Sustainability premium income US$m 5.5 5.6 Group cost per tonne US$ 414 410 Total cost per tonne US$ 528 519 Earnings per share pence 161.3 129.6
Slide 28: Oil palm life cycle
03 Oil palm life cycle As at end December 2025, M.P. Evans’ average age of planting Plant begins to yield approx. 30 was 11 years. months post planting. Yield: 25 tonnes Yield: 20 tonnes Yield: 15 tonnes Yield: 10 tonnes Plant will continue to yield beyond 25 years. However, harvesting represents a
Slide 29: M.P. Evans Group PLC contact details
M.P. Evans Group PLC 3 Clanricarde Gardens Tunbridge Wells TN1 1HQ 01892 516333 www.mpevans.co.uk