Camellia PLC 2023 AR2
The report highlights the company's financial and operational performance for 2023, noting a decrease in revenue to £272.3 million and a trading loss of £15.6 million, primarily due to weak tea and macadamia markets. Despite these challenges, the company achieved a profit before tax of £3.8 million, aided by the sale of its holding in BF&M and other asset disposals. The company continued its crop diversification strategy, investing in avocado and macadamia plantations in Kenya, Tanzania, and South Africa. Additionally, the company advanced its sustainability initiatives, publishing its first Climate-related Financial Disclosures (CFD) and continuing to implement independent grievance mechanisms across its operations.
Company: Camellia PLC
Sector: Consumer Staples
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 154
Camellia PLC
Annual Report
The report highlights the company's financial and operational performance for 2023, noting a decrease in revenue to £272.3 million and a trading loss of £15.6 million, primarily due to weak tea and macadamia markets. Despite these challenges, the company achieved a profit before tax of £3.8 million, aided by the sale of its holding in BF&M and other asset disposals. The company continued its crop diversification strategy, investing in avocado and macadamia plantations in Kenya, Tanzania, and South Africa. Additionally, the company advanced its sustainability initiatives, publishing its first Climate-related Financial Disclosures (CFD) and continuing to implement independent grievance mechanisms across its operations.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Employees