M.P. Evans Group (MPE) investor relations material

Executive summary

• Achieved record financial results and profits in 2025, driven by strong palm oil pricing, improved crop mix, and sustainable production focus.

• Five-year total shareholder return reached 121%, with continued growth in planted hectares and sustainable output.

• All debt repaid during 2025, resulting in a robust balance sheet, significant net cash position, and resources for expansion.

• Delivered increased shareholder returns via higher dividends and share price growth.

• Focus remains on responsible, sustainable growth and operational excellence.

Financial highlights

• Revenue increased 5% year-over-year to US$371 million, supported by higher CPO and palm kernel prices.

• Earnings per share rose to 161.3p, up 24% from 129.6p in 2024.

• Gross profit up 22% to US$142.2 million; operating profit reached US$138.8 million.

• Net cash at year-end was US$87.5 million, with all debt repaid.

• Dividend increased 14% to 60p per share, with a final dividend of 42p.

Outlook and guidance

• 2026 has started strongly, with continued high crop yields and robust CPO pricing around US$860/tonne.

• Seasonal crop patterns may soften pricing in H2 2026.

• Ongoing focus on acquiring new land, expanding sustainable output, and potential for a seventh mill.

• Commitment to sustainable and progressive dividends.

• No anticipated regulatory changes impacting operations, but ongoing monitoring of government policy.