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IN BRIEF: Camellia sees lower annual loss than previously forecast

ALN

Camellia PLC - Kent, England-based agriculture and engineering services firm - Announces an improved forecast for the year ended December 31. Adjusted losses for 2024 are now forecast in the range of £4 to £5 million, down from the previous £7 to £9 million. This improvement is primarily the result of better than forecast results in Eastern Produce Kenya and in its Indian companies and increased interest income and foreign exchange benefits following the successful sale of BF&M, company says.

Current stock price: 4,918.00 pence

12-month change: up 7.9%

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