MP Evans Reports Record Profits and 10% Surge in Crop Volumes for Early 2026

MP Evans Group PLC, the AIM-listed palm oil producer, has reported record-breaking profits alongside a robust start to the 2026 trading year. The company announced a significant 10% increase in crop volumes during the first two months of 2026 compared to the same period last year. This growth is largely attributed to the continuation of production trends established in late 2025, supported by firm market prices. Financial performance was further bolstered by crude palm oil (CPO) prices averaging approximately $860 per tonne in January and February. Some individual tenders even surpassed the $900 mark, reflecting sustained global demand and tight supply conditions. Analysts suggest that the combination of rising production and high commodity prices will continue to support the company's margins and stock performance.

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