on R.E.A. Holdings Plc (isin : GB0002349065)
R.E.A. Holdings Plc Reports Significant Financial Improvement in 2024
R.E.A. Holdings Plc has published its annual financial report for the year ending December 31, 2024, showcasing a notable 41.3% surge in EBITDA, reaching $61.6 million. The company attributes this boost to increased revenue and strategic financial management, including successful refinancing discussions with Bank Mandiri. Overall revenue rose by 6.3% to $187.9 million, driven primarily by higher average selling prices.
The past year also saw a strategic investment by the DSN group to increase its stake in REA Kaltim from 15% to 35%, infusing vital capital that facilitated the discharge of dividend arrears amounting to $10.4 million. Alongside financial achievements, the company advanced its sustainability initiatives, becoming one of the first palm oil firms to achieve EUDR readiness and increasing its RSPO-certified plantations to 84.4%.
Looking forward, R.E.A. Holdings anticipates further benefits from improved productivity and increasing sand and stone operations, supported by enhanced liquidity and a positive CPO price outlook.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all R.E.A. Holdings Plc news