CAMELLIA
INTERIM RESULTS
PRESENTATION
OCTOBER 2020
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A GLOBAL GROUP WITH A FOCUS ON | ||||
AGRICULTURE | ||||
OPERATING | ||||
LARGEST | ||||
ACROSS 11 | ||||
COUNTRIES | PRODUCER OF | |||
AVOCADOS IN | ||||
KENYA | ||||
LARGEST PRIVATE PRODUCER OF TEA GLOBALLY WITH
57 TEA FACTORIES IN 4
COUNTRIES
78,000 EMPLOYEES | 2% GLOBAL | |
WORLDWIDE | MACADAMIA | |
MARKET SHARE | ||
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OVERVIEW
- Diversified international group
- Focus on perennial crop production
- World's largest private producer of tea
- Long-termstrategy of crop and origin diversification
- Investing in expansion of macadamia and avocado as well as trialling a potential fourth core crop
- Enduring ESG commitment
- Strong balance sheet; substantial net cash resources
Shumshernugger, Duncan Brothers
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H1 2020 STRATEGIC
HIGHLIGHTS
- Covid-19
- Massive tea production in Kenya due to weather conditions and smallholders
- Macadamia harvest substantially down
- Substantial investment in crop and jurisdictional diversification in recent years mitigated weakness in global tea prices
- Acquisition of land in South Africa and Tanzania and trials of blueberries and avocados at alternative site in Kenya provide long-term growth potential
- Agreed sale of the Horizon Farm property in Q3
Mount Mulanje, Eastern Produce Malawi
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Camellia plc published this content on 02 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2020 08:09:05 UTC