Camellia

CAM · AIM · Food, Beverage and Tobacco · mcap £142m · 5725.0p

Camellia is a UK-listed group that owns and runs agriculture businesses, mainly tea in India and Bangladesh and avocados, macadamias and crops in Kenya, Malawi, Tanzania and Brazil. It also holds an investment portfolio, property and art assets.

Recent signals

Positive 3 Sep 2026

Disposals of non-core assets generating cash, with proceeds redirected to growth projects

Value Enhancement Plan disposals brought H1 26 proceeds of £30.7m; cash and liquid assets £133.2m. 3 Sep 2026 12 Jun 2026

Positive 3 Sep 2026

Trading loss narrowing over successive periods

H1 26 trading loss £5.0m versus £9.6m; FY25 trading profit £1.0m versus £5.5m loss. 3 Sep 2026 5 May 2026

Negative 3 Sep 2026

Kakuzi profit warning and guidance language turning uncertain

Kakuzi warned FY26 profits at least 25% lower; Camellia says full-year outcome difficult to predict. 3 Sep 2026 26 Aug 2026

Positive 5 May 2026

Tender offer and 260p dividend returned capital

£11.6m tender offer in 2025; dividend maintained at 260p, funded from reserves. 5 May 2026 6 Jun 2025

Positive 8 Sep 2025

Director share purchases by executives and a non-executive

Four directors bought in Dec 2024 and a non-executive bought in Sep 2025. 8 Sep 2025 9 Dec 2024

Capital actions

2026-09-17 disposal · £1.6m – Artwork sale profit £1.6m, incl. Goodricke artwork INR 277.5m 17 Sep 2026
2026-06-12 disposal · £14.0m – Sold substantial part of South Asian art collection; net proceeds 12 Jun 2026
2026-05-22 disposal · INR 190m – Chalouni Tea Estate sold, gross proceeds c.£1.47m 22 May 2026
2026-04 disposal · £11.0m – Contracts exchanged for sale of Linton Park estate; gross proceeds 2 Apr 2026
2025-07-04 disposal · £2.2m – Sale of Leesh River Tea Estate completed 5 Sep 2025
2025-06-06 tender offer · £11.6m – 215,084 shares purchased at £54.00 per share 6 Jun 2025
2024-12-06 disposal · US$100m – Sale of BF&M shareholding completed; net profit c.£10.7m 6 Dec 2024
2024-12-06 buyback programme · £9.0m – Share buyback programme up to £9.0m, maximum 138,100 shares 6 Dec 2024

Risks & opportunities

Opportunities

Four growth projects targeting c £35 million additional annual revenue by 2035 since 2026-05 5 May 2026
Operational efficiency: drones, solar, mechanisation and efficient fertiliser use since 2026-09 3 Sep 2026

Risks

Events in the Gulf, El Nino and Kakuzi profit warning are headwinds for full-year trading since 2026-09 3 Sep 2026
Weak Middle Eastern demand and disrupted shipping routes hurting JING Tea and Kakuzi since 2025-09 5 Sep 2025
Seasonality: costs spread evenly, most revenue in H2, making full-year outcome hard to predict since 2025-09 5 Sep 2025
Weaker macadamia pricing and cost pressures, particularly in Malawi since 2026-09 3 Sep 2026

As the company itself describes them.

Coming up

7 Sep 2026 Investor webcast on H1 26 results, 13.00 BST
Late Oct 2026 Further update on full-year forecast
End Nov 2026 Mgagao dam completion expected
Early Q4 2026 Brazil citrus planting commences
End 2027 650Ha Tanzania avocado operation completed

From the company's own announcements · not investment advice

Company filings. Not investment advice.