Camellia maintains annual dividend as adjusted pretax loss narrows

Camellia PLC on Tuesday reported a £3.0 million profit for 2025, with a low single-digit increase in revenue.

Shares in Camellia fell 6.2% to 5,700.00 pence in London on Tuesday afternoon.

The holding company for agriculture businesses said group revenue from continuing activities rose 2.2% to £268 million from £262 million in 2024.

Camellia also reported the £3.0 million statutory pretax profit, having reached breakeven in 2024. Additionally, it reported a narrowed adjusted pretax loss of £2.0 million, against the prior year’s £7.0 million.

Earnings before interest, tax, depreciation and amortisation totalled £11.3 million, down 24% from £14.8 million.

Camellia proposed an unchanged final dividend of 260 pence per share for the year.

‘The Value Enhancement Plan...provides clear strategic direction for the group and outlines a range of actions which aim to deliver sustainable profitability, grow shareholder value, and support delivery of the company’s purpose,’ commented Chief Executive Officer Byron Coombs.

Camellia announced the medium-term ‘VEP’ in May last year. It included increasing maintenance capital expenditure to between £8 million to £10 million per year. It also included increased diversification across Camellia’s business models, crops and geography, alongside disposals of some operating assets, and increasing annual growth capital investment to between £15 million and £25 million ‘over the coming years’.

Coombs continued: ‘While we are still in the early stages of implementing the plan we are seeing positive results from our actions. Our primary objectives in 2026 are improving business efficiency to deliver better trading profits and investing for growth.’

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