bullish

M.P. Evans

Video: MP Evans – executive interview

625 Views27 Apr 2021 22:18
Issuer-paid
SUMMARY

MP Evans is a producer of sustainable crude palm oil with plantations in Indonesia, which has begun to realise the strong profits growth inherent in its planting profile. During FY20, operating profit almost doubled to US$31.2m and EPS trebled to 37.4c/share (29.2p/share). CEO Tristan Price begins this interview by explaining how the group achieved a 21% increase in the volume of crop processed during FY20 and exploring whether it can maintain this attractive rate of growth in future. He also discusses how the movement in palm oil prices during FY20 affected total revenues. Tristan then describes how management expects the debt profile to change over the coming years and concludes with a review of the group’s dividend policy. See more at: https://www.edisongroup.com/edison-tv/

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