M.P. Evans Posts Record H1 2026 Profit, Driving Shares Higher

M.P. Evans Group PLC, a 150-year-old AIM-listed company specializing in palm oil processing, reported record first-half 2026 financial results, underpinning a 6.11% share price increase to $2,170. The company’s gross profit surged 25% year-over-year to just under $79 million, while earnings per share rose 21% to 86.5 pence. Revenue grew 9% to reflect a 40% gross margin, with operating cash flow of $92 million and zero debt, bolstering a $113.5 million cash balance. Return on equity stood at 20% over the prior 12 months, and the company’s market capitalization reached $1.52 billion at a P/E ratio of 12.4. Shares traded near their 52-week high of $2,260, following a 16% gain from their 52-week low of $1,175.