# Dekel Agri-Vision builds up very strong position through Palm oil production

- Link: https://www.directorstalkinterviews.com/dekel-agri-vision-builds-up-very-strong-position-through-palm-oil-production/4121125232
- Published: 2023-08-11T19:10:00+01:00
- Author: Emily Johnson

**Dekel Agri-Vision** ([LON:DKL](https://www.directorstalkinterviews.com/company/dekel-agri-vision-plc/dkl.l))
is the topic of conversation when we caught up with Nick Spoliar, Analyst at WHIreland.
We asked:

**Dekel Agri-Vision has provided a July production update for its Ayenouan palm 
oil project in Côte d’Ivoire, what were the key highlights?**

Key highlights are (1) strong Crude Palm Oil (CPO) production – 2.4x higher than
a year before, (2) very strong close to the 2023 high season, with big percentages
increases (eg CPO production +140% YoY), lending encouragement for FY23E, (3) pricing
remains historically strong.

**How do these figures fit with your forecasts?**

Palm oil has built up a very strong position for the company in the current year,
underpinning forecasts.

**How do you see the outlook for Dekel?**

Cashews having moved to continuous production, we expect this side of the business
to grow in the second half and feed into the forecast sales and EBITDA uplift as
this develops. Double digit growth is inked in, and we expect the business to become
cash-generative as cashews fall into place alongside palm oil.

**[Dekel Agri-Vision Plc](https://www.directorstalkinterviews.com/company/dekel-agri-vision-plc/dkl.l)**(
LON:DKL) is a West African agriculture company focused on building a portfolio of
sustainable and diversified projects.

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