M.P. Evans Group (MPE) Trading update summary

Operational performance

• Crop harvested in managed areas rose 10% to 575,100 tonnes for the first five months of 2026.

• Oil-extraction rate improved to 24.2%, up from 23.5% in the prior year.

• CPO production increased 8% to 157,600 tonnes, with 82% certified sustainable.

• Crop purchased from independent suppliers fell 22% as focus shifted to in-house production.

• New estates in East Kalimantan delivered 46,700 tonnes in five months, with further growth expected.

Pricing and sales

• Mill-gate CPO prices averaged US$880 per tonne, stable year-on-year.

• Palm kernel prices rose 7% to US$824 per tonne.

• No significant pricing changes followed Indonesia's export policy announcement; CPO sold domestically at about US$830 per tonne.

Cost management

• Input costs increased, especially for diesel and fertilizer, due to global factors.

• Cost pressures were offset by a weaker Indonesian Rupiah and renewable energy generation.

• Forward purchasing of fertilizer helped stabilize costs, with unit production costs expected to match last year.