M.P. Evans Group (AIM:MPE), a producer of sustainable Indonesian palm oil, told investors it harvested 705,400 tonnes of fresh fruit bunches across its managed areas in the six months to 30 June, up 14% on the same period last year.
Excluding the areas acquired at Bumi Mas in the second half of last year, the Group's own harvest still grew 9%.
Crop increases came across almost all estates, while the newly acquired Bumi Mas areas delivered an encouraging yield.
The group said it is buying less fruit from independent suppliers as its own harvest expands, a shift it says improves both the cost and quality of mill inputs.
Extraction rates for crude palm oil (CPO) and palm kernels (PK) both improved compared with the first half of 2025, whilst pricing stayed supportive through the period - CPO realised an average mill-gate price of US$873 per tonne, against US$868 a year earlier.
PK sales averaged US$813 per tonne, up 9% from US$747 in the first half of 2025.
News Intelligence what this means for the company
MP Evans harvested 705,400 tonnes of fresh fruit bunches in H1 2026, a 14% year-on-year increase driven by estate-wide growth and the Bumi Mas acquisition completed in late 2025; stripping out Bumi Mas, organic growth was 9%. The company is reducing reliance on independent fruit suppliers as its own production expands, lowering input costs and improving mill quality, while extraction rates improved and palm kernel prices rose 9% to US$813/tonne.
The combination of organic harvest growth, successful integration of Bumi Mas, and improving extraction efficiency strengthens the company's cost position and production base. However, the investment case remains anchored to commodity pricing: CPO prices held near prior-year levels (US$873 vs US$868/tonne), so the earnings uplift depends on whether the operational gains and volume growth can offset any future price softness.
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