Camellia expects a trading loss of £3 million to £5 million for 2026, reversing last year’s £1 million trading profit as rising costs and weaker avocado and macadamia prices squeeze the agricultural group.

The company said in its October 22 trading update that energy, fuel, fertilizer and transport costs had outweighed efficiency improvements. Lower yields for both crops also hurt performance.

Shares in the AIM-listed group fell more than 7% to 5,300 pence during October 22 trading, down 450 pence from the previous close of 5,750 pence, Proactive reported. That quotation represents the reported intraday level.

Camellia forecasts annual revenue of £255 million to £260 million, against £268 million in 2025. Sales of Indian tea gardens and lower avocado and macadamia sales account for most of the decline.

Asset disposals, principally artwork and tea gardens, are expected to generate approximately £23 million in profit. The resulting forecast for earnings before interest, taxes, depreciation and amortization is £25 million to £28 million. Group liquidity was approximately £144 million at September 30.

The setback follows a recovery in the previous financial year. In results published May 5, Camellia reported a 2025 trading profit after a £5.5 million trading loss in 2024. Its loss after tax from continuing operations nevertheless remained £4.2 million.

The group also reported £20 million in cash proceeds from disposals of non-core businesses and assets during 2025.

Source - https://finchannel.com