Camellia nears break‑even on improved crop performance

23rd Feb 2026 08:40

(Sharecast News) - Agricultural business Camellia said on Monday that it expects to report a much-improved trading performance for 2025, moving back towards break‑even after posting a £5.50m loss the previous year.

Camellia said its improved result reflected stronger contributions from Bangladesh, Brazil and Malawi, partly offset by weaker performances in EP Kenya and India.

The AIM-listed firm also stated better crop prices and yields had supported the recovery, alongside early benefits from its value enhancement plan, a medium‑term programme aimed at improving operating results, increasing growth investment and reducing risk across the portfolio.

Camellia will publish full-year results in early May, when it will provide further operational and strategic updates, including progress made under the value enhancement plan.

Camellia also noted that Goodricke Group - its 74%-owned Indian subsidiary - had signed a memorandum of understanding regarding the proposed sale of the Barnesbeg Tea Estate.

As of 0840 GMT, Camellia shares were up 5.21% at 5,250.50p.

Reporting by Iain Gilbert at Sharecast.com