Our strategy is to maintain steady expansion of our majority-owned Indonesian palm-oil estates in a sustainable and cost-effective manner, and to realise the value of our residual property development land in Malaysia.
Our operational and financial success in producing crude palm oil comes from taking the right decisions for the long term. M.P. Evans works closely with stakeholders, especially those in and around its operations. The foundation for operational excellence is control of our operations; investment in top quality planting; a competent and motivated workforce; and a supportive local community.
Our excellent operational results are down to a long-term sustainable approach that matches the life of our plants: palms live for 25 years before they are replanted. With first-class plantation assets, a strong management team across our operations and a track record of success, we have long-standing experience in the plantation industry: the Group is nearly 150 years old, having started life in tea and rubber.
Palms are a long-lasting investment, as are the relationships built up with communities living in and around its plantations. The Group makes sure that the smallholder co-operatives attached to its projects are a success; they are as much a long-term investment as the palms themselves or the infrastructure on our plantations. M.P. Evans helps meet the growing global demand for palm oil and palm kernels that are used in many everyday food products as well as cosmetics and bio-diesel.
After a period of sustained investment in Indonesia M.P. Evans stands on the threshold of a gathering acceleration in crop growth, which underpins its commitment to pay attractive returns to investors through increasing dividends.
Peel Hunt LLP
Peel Hunt Limited