Anglo-Eastern Plantations

[jowel]

Trading Statement & Delay in 2024 Audited Results

Our revenue is expected to be around $372.6 million for 2024. Profit after tax is expected to be around $67.6 million, which is 20% higher than 2023, supported by a combination of elevated CPO prices and lower expenses, including fertiliser spend. Earnings per share is set to increase by 37% to 171 cents following the full acquisition of minority interests in our Indonesian subsidiaries in 2024.

Dividend

Accordingly, and in line with the Group's stated dividend policy, the Board is proposing to declare a final dividend of 51 cents per share (2023: 30.0 cents (interim and final)), which is subject to the approval by shareholders at the next Annual General Meeting, which is expected to be held in June 2025. This represents approximately 30% of the indicative retained profits attributable to our Group for the year.

Wat is me dat nu weeral...'shares suspended' omdat jaarverslag niet klaar is???

Forvis Mazars, our current auditor, requires additional time to complete its first-year audit. To date, AEP has not been informed of any significant audit issues. We continue to work with Forvis Mazars to ensure that the audit is completed as soon as possible.

As a result, the Company expects that its shares will be temporarily suspended from listing and trading from 1 May 2025 until the audit is completed and the 2024 annual report and accounts are published.

AEP recognises the importance of timely financial reporting and remains committed to restoring its usual reporting timetable going forward.

[ILAD]

Trading Statement & Delay in 2024 Audited Results

Our revenue is expected to be around $372.6 million for 2024. Profit after tax is expected to be around $67.6 million, which is 20% higher than 2023, supported by a combination of elevated CPO prices and lower expenses, including fertiliser spend. Earnings per share is set to increase by 37% to 171 cents following the full acquisition of minority interests in our Indonesian subsidiaries in 2024.

Dividend

Accordingly, and in line with the Group's stated dividend policy, the Board is proposing to declare a final dividend of 51 cents per share (2023: 30.0 cents (interim and final)), which is subject to the approval by shareholders at the next Annual General Meeting, which is expected to be held in June 2025. This represents approximately 30% of the indicative retained profits attributable to our Group for the year.

The Board has decided to revert to paying a final dividend based on profits for the year and it will be declared in accordance with the dividend policy of at least 25% of the profit after tax for the year. ( halfjaarpublicatie)
is dus 30% geworden + inkoop eigen aandelen voor £5M

groeten

[wimilio]

Tjah, de resultaten zijn wederom zeer goed en de waardering belachelijk laag, en zoals gewoonlijk doet de koers niets.

Payout verhoogd naar 30% wat zeer positief is, dit is nu een brutorendement van 5% en netto dus 3.5% want er is geen Roerende Voorheffing in de UK.

Winst kom ik op 1.25 GBP per aandeel maw een KW van 6.

Trek ik daar de netto cash van af kom ik op een KW van 3 ...

[plantation]

Tjah, de resultaten zijn wederom zeer goed en de waardering belachelijk laag, en zoals gewoonlijk doet de koers niets.

Payout verhoogd naar 30% wat zeer positief is, dit is nu een brutorendement van 5% en netto dus 3.5% want er is geen Roerende Voorheffing in de UK.

Winst kom ik op 1.25 GBP per aandeel maw een KW van 6.

Trek ik daar de netto cash van af kom ik op een KW van 3 ...

Beste,

denk dat het vrij normaal is dat de koers weinig doet na dat amateuristisch gedoe ivm de jaarcijfers.Nog niet dikwijls meegemaakt dat een bedrijf meer tijd nodig heeft om jaarcijfers te publiceren.Uireraard zijn ze op de goede weg nu om aandeelhouderswaarde te creëren maar er is altijd wel een factor wat de koers te laag houdt.Geduld is nodig als je belegt op de beurs maar in het geval van aep wordt het wel extreem op de proef gesteld.
Grtjs