Disparity21 Mar 2023 08:31
An independent valuation of the Group's plantations was performed at the end of the year, valuing the Group's planted areas at an average of US$20,700 per hectare. After allowing for other Group assets and liabilities, this equity value per share had increased during the year to £14.98 per share. The Group did benefit, in sterling terms, from a weaker year-end exchange rate when compared to the position at the end of 2021, accounting for £1.58 of the increase