sur R.E.A. Holdings Plc (ETR:GB000234)
R.E.A. Holdings Plc Provides AGM Statement on 2026 Progress
R.E.A. Holdings plc held its AGM today, providing insights into its agricultural and financial performance. The group reported a slight decrease in Fresh Fruit Bunch harvested compared to 2025 due to replanting efforts. However, production remained ahead of budget with improvements in infrastructure and field management.
Palm oil prices have been volatile, with a peak in April 2026. The group achieved an average CPO selling price of $859 per tonne for early 2026, slightly higher than 2025.
The group maintains its commitment to sustainability, ensuring all plantations are fully certified. Meanwhile, stone and sand operations show progress with increasing production targets and potential international markets.
Financially, R.E.A. Holdings arranged a $20 million loan to repurchase dollar notes. The weaker Indonesian rupiah may lead to exchange gains. Despite uncertainties, ongoing market demand for vegetable oils supports a positive outlook.
R. P.
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