Dekel Agri-Vision PLCLSE: DKL

Dekel Agri-Vision: October Palm Oil and Cashew Production Update

· Issued by Dekel Agri-Vision PLC via RNS

Summary by 6ix AI

Dekel Agri-Vision, a West African agriculture company, said its Ayenouan palm oil project in Côte d'Ivoire produced 1,446 tonnes of crude palm oil (CPO) in October 2026. That is up 30.2% from 1,111 tonnes in October 2025, as the operation moved out of its seasonal low period.

Key details

  • Fresh fruit bunches processed rose 31.3% to 7,465 tonnes from 5,685 tonnes. The CPO extraction rate (the share of oil recovered from the fruit) was 19.4%, compared with 19.5% in October 2025.
  • CPO sales rose 41.6% to 1,594 tonnes, including sales from inventory built up during the third quarter of 2026. The CPO is sold into the domestic market.
  • The average CPO price was €971 per tonne in October 2026. That is 3.6% lower than €1,007 in October 2025 and 25.3% higher than €775 in October 2024.
  • Palm kernel oil (PKO) production rose 73.8% to 146 tonnes and PKO sales rose 151.2% to 108 tonnes. The average PKO price rose 1.9% to €1,319 per tonne.
  • Dekel says its cashew processing plant at Tiebissou continued its positive momentum in October 2026, after its strongest quarter to date in the third quarter of 2026. It plans to raise raw cashew nut processing capacity by approximately 50%, from about 30 to about 45 tonnes per day, during the 2027 cashew season, focused on unpeeled cashews.

What’s still pending

  • The cashew capacity increase is subject to completion of the Fundraising.
  • Detailed quarterly production and sales data for the cashew operation will be reported in January 2027.

6ix AI wrote this summary from the release below and checked it against the release.

Dekel Agri-Vision PLC
10 November 2026

This 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.

10 November 2026

Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers

Dekel Agri-Vision Plc

(‘Dekel’ or the ‘Company’)

October Palm Oil Production Update and Cashew Operation Update

Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, provides an October production update for its Ayenouan palm oil project in Côte d’Ivoire (‘Palm Oil Operation’) and commentary on monthly production at the cashew processing plant at Tiebissou, Côte d’Ivoire (the ‘Cashew Operation’).

Key Performance Metrics: October 2026 vs. October 2025

  • Crude Palm Oil (CPO) Production: CPO production increased by 30.2% in October 2026 compared to October 2025, with FFB processed up 31.3%, as the Palm Oil Operation moved out of its seasonal low period. CPO sales volumes increased by 41.6% to 1,594 tonnes, including sales from inventory built up during Q3 2026. CPO continues to be sold into the domestic market, where demand remains strong. The CPO extraction rate remained broadly stable at 19.4% (October 2025: 19.5%).
  • CPO Sales Prices: CPO selling prices averaged €971 per tonne during the month, 3.6% lower than the particularly strong October 2025 (€1,007 per tonne) but 25.3% higher than October 2024 (€775 per tonne) and remain above long-term historical averages.
  • Palm Kernel Oil (PKO) Production, Sales and Prices: PKO production increased by 73.8% to 146 tonnes and PKO sales volumes increased by 151.2% to 108 tonnes compared to October 2025. PKO sales prices increased by 1.9% to €1,319 per tonne.
  • Cashew Operation: Raw Cashew Nut (RCN) Processing: The Cashew Operation continued its positive momentum in October 2026, following its strongest quarter to date in Q3 2026. In addition:
    • As announced on 30 October 2026, and subject to completion of the Fundraising, the Company plans to increase RCN processing capacity at Tiebissou by approximately 50%, from c.30 to c.45 tonnes per day, during the 2027 cashew season, with the additional capacity focused on unpeeled cashews.
    • Detailed quarterly production and sales data for the Cashew Operation will be reported in January 2027.

Oct-26

Oct-25

Change

FFB processed (tonnes)

7,465

5,685

31.3%

CPO Extraction Rate

19.4%

19.5%

-0.1pp

CPO production (tonnes)

1,446

1,111

30.2%

CPO Sales (tonnes)

1,594

1,126

41.6%

Average CPO price per tonne

€971

€1,007

-3.6%

Palm Kernel Oil (‘PKO’) production (tonnes)

146

84

73.8%

PKO Sales (tonnes)

108

43

151.2%

Average PKO price per tonne

€1,319

€1,295

1.9%

Youval Rasin, Dekel’s Chief Executive Officer, said: “We are pleased to report a stronger October for our Palm Oil Operation, with CPO production up 30.2% year-on-year as we move out of the seasonal low period, and CPO sales volumes up 41.6%. CPO prices remain above long-term historical averages, and PKO production and sales were both significantly higher than last year. Our Cashew Operation continued its positive momentum and subject to completion of the Fundraising, we look forward to increasing RCN processing capacity by around 50% during the 2027 cashew season, particularly for unpeeled cashews.”

** ENDS **

For further information, please visit the Company's website www.dekelagrivision.com or contact:

Dekel Agri-Vision Plc

Youval Rasin

Shai Kol

Lincoln Moore

+44 (0) 207 236 1177

Zeus (Nomad and Broker)

James Joyce

Darshan Patel

Matthew Diaz-Rainey

+44 (0) 203 829 5000

Notes:

Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company focused on West Africa. It has a portfolio of projects in Côte d'Ivoire at various stages of development: a fully operational palm oil project in Ayenouan where fruit produced by local smallholders is processed at the Company's 60,000 tpa capacity crude palm oil mill and a cashew processing project in Tiebissou, which is currently scaling up production.

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