Dekel Agri-Vision (LSE:DKL) delivered a strong operational update for April from its Ayenouan palm oil project in Côte d’Ivoire, with crude palm oil production rising 43.6% year on year to one of the strongest April outputs recorded by the operation. The company processed 47% more fresh fruit bunches during the month while maintaining a healthy extraction rate of 21.3%.
Crude palm oil sales volumes increased by 28.5%, with prices remaining resilient at €947 per tonne despite slightly weaker local market conditions. Palm kernel oil continued to make a significant contribution to earnings, as sales volumes more than doubled and prices stayed elevated at €1,306 per tonne, reflecting continued strong market demand.
At the company’s Tiebissou cashew processing facility, operations continued at full capacity following the plant’s restart in March. Dekel processed close to 700 tonnes of raw cashew nuts during April, while both sales volumes and pricing remained stable, supporting positive momentum across the group’s diversified agricultural operations.
Dekel Agri-Vision’s outlook continues to be influenced by weak financial performance and softer technical indicators, highlighting ongoing operational and market-related pressures. However, recent positive corporate developments provide some encouragement regarding future progress. Valuation metrics remain challenged due to the company’s negative profitability profile.
More About Dekel Agri-Vision
Dekel Agri-Vision is a West African agricultural company focused on sustainable multi-commodity operations in Côte d’Ivoire. Its portfolio includes the fully operational Ayenouan crude palm oil mill, which sources fruit from local smallholder farmers, as well as the Tiebissou cashew processing plant, where the company is continuing efforts to scale up production capacity.
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