Dekel, the West-Africa based palm oil and cashew producer, provided a positive operational update yesterday, reporting the successful installation of new equipment at the group’s cashew operation, leading to a significant increase in cashew processing rates. New shelling and peeling equipment which was ordered to address previously reported issues with the original machines has driven operating rates immediately higher following installation, increasing from 6 to 10 tonnes of raw cashews process...
Dekel, the West Africa-based multi-commodity agricultural business, has announced a Q3 update this morning, reporting solid production figures from its palm oil division, as its nascent cashew operation saw the arrival of the final pieces of remedial equipment. With the palm oil division well within the annual low season, crude palm oil (“CPO”) production continued at a steady level, albeit 7.5% below FY23 levels, which benefited from a late high season. In the cashew operation, as expected, pro...
Dekel, the West Africa-based multi-commodity agricultural business, has reported a solid set of H1 results this morning, with a robust performance in the palm oil operation supporting a 12.0% improvement in group EBITDA YoY. Robust production volumes and pricing delivered a divisional EBITDA of €3.7m in the palm oil project, with H1 typically a stronger period on seasonal variations in palm fruit yields. In the cashew operation, Dekel reports that all replacement equipment has now been delivered...
Dekel, the West Africa-based multi-commodity agricultural business, has provided a regular monthly production update for its palm oil business this morning, reporting a solid set of results with pricing and volumes supportive of a profitable year in this division. Crude palm oil (CPO) volumes were 14.5% ahead of the prior year at 1,621 tonnes, driven by improved yields of fresh fruit bunches in the local area as well as strong extraction rates, up 70bp on August 2023. Pricing continued to be sup...
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This morning’s regular monthly production update from DKL shows that the palm oil business continues to deliver after a robust H1 which the company reported in July. DKL is a West Africa-based multi-commodity agricultural business which has a well-established palm oil processing facility and a growing platform given the ongoing move into cashews, which opens up a major new market for the company. This morning, DKL has reported another positive period for palm oil, with CPO (crude palm oil) sal...
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