Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDekel Agri Share News (DKL)

Share Price Information for Dekel Agri (DKL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.20
Bid: 1.15
Ask: 1.25
Change: 0.00 (0.00%)
Spread: 0.10 (8.696%)
Open: 1.20
High: 1.20
Low: 1.20
Prev. Close: 1.20
DKL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Dekel Agri-Vision "well positioned" as palm oil output up in February

Mon, 11th Mar 2024 12:51

(Alliance News) - Dekel Agri-Vision PLC on Monday said it continued its "excellent start" to 2024, reporting another increase in crude palm oil production.

At its Ayenouan palm oil project in the Ivory Coast, production was up 70% in February 2024 compared to February 2023. This marks the 12th consecutive month of increased monthly like-for-like production.

February 2024 palm oil sales volumes were 18% higher year-on-year.

The palm oil sales prices rose 3.0% to EUR759 per tonne from the EUR737 it reported for January. However, it fell 23% year-on-year from EUR984. Local efforts to manage food prices resulted in local CPO prices remaining below that of international prices, Dekel explained.

Due to the lower purchasing price of fresh fruit bunches, the company added that it continues to have "healthy gross margins", however.

Dekel's Executive Director Lincoln Moore said: "CPO production has started 2024 significantly ahead of the strong 2023 production year. March is typically the start of the 3-4 month peak high season and should this production momentum continue, we are well positioned to exceed market CPO production expectations for H1 2024."

Shares in Dekel Agri-Vision were up 4.0% at 1.30 pence each in London on Monday afternoon.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
16 Apr 2014 10:24

UK WINNERS & LOSERS: Sports Direct, Tesco Jump; Hargreaves Lansdown Falls Sharply

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

-------

FTSE 100 - WINNERS

-------

Sports Direct International, up 6.2%. Shares of the sports retailer

Read more
16 Apr 2014 08:28

Dekeloil Achieves Operating Profitability From New Extraction Mill

LONDON (Alliance News) - Dekeloil PLC Wednesday said its recently commissioned Crude Palm Oil extraction Mill in Sierra Leone has achieved operating profitability in its first full month of operation and its gross sales margins were at the high end of company estimates. The palm oil produce

Read more
16 Apr 2014 07:33

UK MORNING BRIEFING: RSA Loses UK & Western Europe Chief Executive

LONDON (Alliance News) - RSA Insurance Group said Wednesday the Chief Executive of the business which houses its troubled Irish operations has resigned in order to become Executive Chairman, underwriting and distribution, at business partner A J.Gallagher. The company said UK & Western Euro

Read more
5 Mar 2014 14:23

UK MIDDAY BRIEFING: Decade Of Growth At Standard Chartered Ends

LONDON (Alliance News) - Standard Chartered Wednesday reported its first annual decline in pretax profit after a decade of growth, as it was hit by emerging market fears and a writedown in its Korean business.

The FTSE 100-listed bank warned that it is facing more c

Read more
5 Mar 2014 11:54

REPEAT: UK WINNERS & LOSERS: Admiral Group Motors Leads Blue-Chip Gainers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

-------

FTSE 100 - WINNERS

Admiral Group, up 7%. The motor insurer reported a 7% increase in 2013

Read more
5 Mar 2014 11:51

UK WINNERS & LOSERS: Admiral Group Motors To Lead Blue-Chip Gainers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

-------

FTSE 100 - WINNERS

Admiral Group, up 7%. The motor insurer reported a 7% increase in 2013

Read more
5 Mar 2014 09:54

Dekeloil Secures 13-Year Tax Exemption From Ivory Coast For Mill

LONDON (Alliance News) - Dekeloil PLC Wednesday said it has successfully met the conditions regarding its tax exemption application in the Ivory Coast, meaning profits from its palm oil extraction mill there are now fully exempt from corporation tax for a 13 year period. The palm oil produc

Read more
24 Feb 2014 13:50

UK MIDDAY BRIEFING: RSA Insurance, HSBC Lead FTSE 100 Lower

LONDON (Alliance News) - RSA Insurance is leading the FTSE 100 lower Monday after the struggling insurer confirmed it is considering a number of measures to bolster its balance sheet, while HSBC Holdings is also down after its results missed market forecasts.<

Read more
24 Feb 2014 11:42

UK WINNERS & LOSERS: Dixons, Carphone Warehouse Rise On Merger Talks

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.

-------

FTSE 100 - WINNERS

Vodafone Group, up 6%. Vodafone's shares have jumped after the 6-for-11 consolidation of i

Read more
24 Feb 2014 09:12

DekelOil Brings Nubuke On To Share Register As It Raises GBP700,000

LONDON (Alliance News) - DekelOil Public Ltd Monday said it has raised GBP700,000 by placing 46.7 million shares at 1.5 pence each, most of which went to Africa-focused fund Nubuke. In a statement, the Ivory Coast palm oil project operator said it had placed GBP600,000 with Nubuke, part of

Read more
24 Feb 2014 08:30

UK MORNING BRIEFING: HSBC Shares Fall On Lower-Than-Expected Profit

LONDON (Alliance News) - Shares have opened lower Monday amid a raft of UK corporate announcements. HSBC Holdings is the biggest faller in the FTSE 100, down 4.0%, as it reported just after the open lower-than-expected pretax profit in its recent full year.

Here is

Read more
18 Feb 2014 12:41

UK MIDDAY BRIEFING: Inflation Below Target For First Time In 4 Years

LONDON (Alliance News) - The UK's inflation rate has fallen below the Bank of England's 2% target for the first time in more than four years Tuesday, a decrease that will support governor Mark Carney's recent prediction that the bank's interest rate won't rise for some time to come.

Read more

18 Feb 2014 11:50

UK WINNERS & LOSERS: Randgold, Goldstone Fall As Drilling Results Disappoint

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS BHP Billiton, up 1.2%. The Anglo-Australian mining giant has reported an 83% increase in profit for the first half of fiscal

Read more
18 Feb 2014 09:47

Dekeloil Begins Palm Oil Production At Extraction Mill In Ivory Coast

LONDON (Alliance News) - Dekeloil PLC Tuesday said palm oil production at its CPO extraction mill in the Ivory Coast has commenced ahead of schedule. The palm oil producer said production at its 60 tonnes per hour, 70,000 tonnes per year crude palm oil extraction mill is an integral part of

Read more
30 Dec 2013 09:51

DekelOil Public Limited Says Progressing Well Toward Operational Mill

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.