In a triumphant stride forward, British agribusiness powerhouse Dekel Agri-Vision has reported a remarkable 27% surge in turnover from palm oil sales during the fiscal year 2023. The company’s financial prowess reached new heights, with turnover soaring to 33.8 million euros (US$37 million) compared to the previous year’s 26.6 million euros (US$29 million), a testament to its unwavering commitment to excellence and sustainable business practices.
Record-Breaking Performance
The primary catalyst for this extraordinary outcome was an impressive nearly 50% increase in the volume of palm oil sold, totaling a substantial 38,896 tonnes. Despite a global dip in the average selling price of Crude Palm Oil (CPO), from 1,025 euros (US$1,121) to 869 euros (US$951), Dekel Agri-Vision expressed overall satisfaction with its stellar performance.
Dekel Agri-Vision PLC (LON:DKL) aspires to become a leading agro-industrial company in West Africa, one that creates value for shareholders whilst at all times placing the interests of the local communities and environment in which it operates in at the heart of its operations.
