IN BRIEF: Camellia sees lower annual loss than previously forecast

Camellia PLC - Kent, England-based agriculture and engineering services firm - Announces an ...

Alliance News 31 January, 2025 | 9:31PM
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Camellia PLC - Kent, England-based agriculture and engineering services firm - Announces an improved forecast for the year ended December 31. Adjusted losses for 2024 are now forecast in the range of GBP4 to GBP5 million, down from the previous GBP7 to GBP9 million. This improvement is primarily the result of better than forecast results in Eastern Produce Kenya and in its Indian companies and increased interest income and foreign exchange benefits following the successful sale of BF&M, company says.

Current stock price: 4,918.00 pence

12-month change: up 7.9%

By Jeremy Cutler, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Camellia PLC 4,860.00 GBX 0.83 -

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