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Camellia Regulatory News (CAM)

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5,650.00 0.00 (0.00%)

Bid:

5,550.00

Ask:

5,650.00

Spread: 100.00 (1.802%)

Market Cap: £142.82m

Last checked at -

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Trading Update

30 Jan 2025 07:00

RNS Number : 1959V

Camellia PLC

30 January 2025

Camellia Plc

Trading Update for 2024

30 January 2025

Camellia Plc announces an improved forecast for the year ended 31 December 2024. Trading is now expected to be ahead of previously communicated market expectations. Adjusted losses for 2024 are forecast in the range of £4-5 million, down from the previous £7-9 million. This improvement is primarily the result of better than forecast results in Eastern Produce Kenya and in its Indian companies and increased interest income and foreign exchange benefits following the successful sale of BF&M.

Eastern Produce Kenya

Results from Eastern Produce Kenya (EPK) were better than previously forecast due to higher valuation of the standing timber, driven by better market pricing, and lower provisions.

India

The results from our Indian companies' operations were higher than previously forecast primarily due to a year-end tea stock valuation uplift, based on an improved sales outlook in 2025.

ENQUIRIES

Camellia Plc 01622 746655

Byron Coombs Chief Executive Officer

Oliver Capon, Chief Financial Officer

Panmure Liberum 020 7886 2500

Nominated Adviser and Broker

Emma Earl

Rupert Dearden

H/Advisers Maitland

William Clutterbuck 07785 292617

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

TSTDGGDBIXDDGUC

Date		Source	Headline
4th May 2007	9:39 am	RNS	Annual Report and Accounts
26th Apr 2007	1:00 pm	RNS	Final Results
18th Apr 2007	4:44 pm	RNS	Disposal of investment
18th Apr 2007	4:39 pm	RNS	Holding(s) in Company
13th Apr 2007	3:54 pm	RNS	Kakuzi Limited
20th Dec 2006	1:56 pm	RNS	Total Voting Rights
13th Oct 2006	3:26 pm	RNS	Transaction in Own Shares
5th Oct 2006	10:21 am	RNS	Interim Report
28th Sep 2006	12:30 pm	RNS	Interim Results
27th Sep 2006	10:09 am	RNS	Acquisition
11th Aug 2006	2:29 pm	RNS	Acquisition
28th Jul 2006	9:27 am	RNS	Directorate Change
12th Jun 2006	10:52 am	RNS	Result of AGM
8th Jun 2006	12:16 pm	RNS	AGM Statement
7th Jun 2006	10:31 am	RNS	Annual Information Update
8th May 2006	4:17 pm	RNS	Report and accounts 2005
27th Apr 2006	4:05 pm	RNS	Final Results
25th Nov 2005	10:37 am	RNS	Directorate Change
18th Nov 2005	3:21 pm	RNS	Holding(s) in Company
18th Nov 2005	2:42 pm	RNS	Director/PDMR Sharehldg-Rep
17th Nov 2005	3:44 pm	RNS	Holding(s) in Company
17th Nov 2005	3:43 pm	RNS	Director/PDMR Shareholding
17th Nov 2005	7:01 am	RNS	Additional Listing
14th Nov 2005	12:05 pm	RNS	Stmt re Additional Listing
14th Nov 2005	12:00 pm	RNS	Result of Court Hearing
31st Oct 2005	11:42 am	RNS	Result of Court Meeting
31st Oct 2005	11:34 am	RNS	Result of EGM
30th Sep 2005	10:40 am	RNS	EPT Disclosure
29th Sep 2005	4:43 pm	RNS	Circular and Interim Report
28th Sep 2005	7:03 am	RNS	Offer for Linton Park Plc
28th Sep 2005	7:02 am	RNS	Offer for Linton Park Plc
28th Sep 2005	7:00 am	RNS	Interim Results
15th Sep 2005	4:44 pm	RNS	Holding(s) in Company
15th Sep 2005	4:34 pm	RNS	Transfer of Shares
9th Sep 2005	11:30 am	RNS	EPT Disclosure
5th Sep 2005	10:45 am	RNS	EPT Disclosure
1st Sep 2005	11:55 am	RNS	EPT Disclosure
30th Aug 2005	10:48 am	RNS	EPT Disclosure
26th Aug 2005	10:59 am	RNS	EPT Disclosure
26th Aug 2005	10:59 am	RNS	Rule 8.3 - Camellia plc
24th Aug 2005	10:39 am	RNS	EPT Disclosure
19th Aug 2005	10:35 am	RNS	EPT Disclosure
18th Aug 2005	11:26 am	RNS	EPT Disclosure
16th Aug 2005	5:51 pm	RNS	EPT Disclosure
16th Aug 2005	10:12 am	RNS	EPT Disclosure
15th Aug 2005	10:54 am	RNS	EPT Disclosure
9th Aug 2005	10:59 am	RNS	EPT Disclosure
5th Aug 2005	10:56 am	RNS	EPT Disclosure
4th Aug 2005	10:13 am	RNS	EPT Disclosure
3rd Aug 2005	11:51 am	RNS	Rule 8.3- Camellia plc

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