AEP Plantations (LSE:AEP) reported revenues of $465.2 million for the year ended 31 December 2025, up 25% from $372.3 million in 2024.
The Group, which owns, operates and develops sustainable palm-oil production in Indonesia and Malaysia, said profit before tax rose 35% to $119.3 million, earnings per share were 231.42 cents (2024: 170.88 cents), cash and cash equivalents closed at $232.3 million (2024: $181.9 million) and the board declared a full-year dividend of 81.0 cents per share (2024: 51.0 cents) including a proposed final dividend of 43.7 cents.
"The Group delivered yet another strong performance in 2025, driven by solid operational execution and favourable palm oil prices," Chairman Jonathan Law said.
Operationally, fresh fruit bunch production rose 6% to 1.08 million tonnes, CPO output climbed 7.3% to 425.8 thousand tonnes, PK increased 13% and FFB bought-in volumes rose 18% after new third-party intake at the recently commissioned PT Hijau Pryan Perdana mill, while 2.4k hectares were replanted in 2025 bringing cumulative replanting since 2022 to 6.5k hectares.
After the year end the Group announced the proposed IPO of Indonesian subsidiary PT AEP Nusantara Plantations Tbk to align capital with its operational footprint, a process the company said remains subject to regulatory approvals.