{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fproactive-interviews-for-investors.simplecast.com%2Fepisodes%2F20240917-mp-evans-group-5gFbnmg3","width":444,"version":"1.0","type":"rich","title":"M.P. Evans Reports 78% Profit Surge, Boosts Dividend Amid Strong Palm Oil Production","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/92f9cc71-7d4c-4ec0-a2f3-6a6b31027b4c/3fd3b604-35cf-4701-acde-0f1fdf33d67a/square-with-type.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/f1d521e0-592b-4dfc-9e63-ece5cba81947\" height=\"200\" width=\"100%\" title=\"M.P. Evans Reports 78% Profit Surge, Boosts Dividend Amid Strong Palm Oil Production\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"M.P. Evans Group CEO Matthew Coulson joined Steve Darling from Proactive to share the company's unaudited interim results for the first half of 2024, ending June 30. The company saw a 5% increase in total crop processed, totaling 759,700 tonnes, and a 6% rise in crude palm oil production, reaching 177,000 tonnes. \n\nCoulson told Proactive this contributed to a significant 78% increase in operating profit to $41.6 million. The positive performance allowed the company to announce a 20% increase in the interim dividend. Additionally, Coulson highlighted the strengthening of palm-oil prices in the second half of 2024 and a 14% reduction in palm product costs to $458 per tonne, down from $535 per tonne in 2023. Looking ahead, Coulson stressed the company’s focus on continued growth and sustainability in both planting and acquisition.\n\n#proactiveinvestors #m.p.evansgroupplc #lse #mpe #palmoil #halfyearly \n#MatthewCoulson #InterimResults2024 #SustainableProduction #OperatingProfit #DividendGrowth #PalmOilIndustry #AgricultureInvestment #Acquisitions #ShareholderReturns #ProactiveInvestors#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews"}