M. P. Evans Group

MPE · AIM · Food, Beverage and Tobacco · mcap £1,052m · 1962.0p

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Financials · balance sheet 30 Jun 26 · last twelve months · today’s market value

Source: results 14 Sep 26 ↗

Key figures Cash & debt Profit & cash flow Valuation Returns & quality Latest half-year

Market cap: £1,022m
Owner’s net cash: £85.6m
Net cash / market cap: 8%
EV ex leases: £933.1m
Revenue: £289.0m
Operating profit: £115.4m
Free cash flow after leases: £92.9m
EV / EBIT: 8.1×
FCF yield: 9.1%
Price / tangible book: 2.13×
Net income (owners): £92.2m

Hover or tap a figure for its formula and the values used – the names are the line names of the key figures below. Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Key figures As reported

Income statement Balance sheet Cash flow

Annual Half-yearly

Standardised line items in £m, comparable across companies – figures the company reported in USD are converted to £ at the average rate of each period (balance sheets: at the date); when a later report restated a period, the later figure is shown and marked ^r (hover for the figure first reported). Italic = calculated (LTM, H2 = FY − H1); a year of other than 12 months is marked (15m). Hover a value for its source.

Latest report: H1 26 (six months to 30 Jun 26), published 14 Sep 26 · read the results ↗

Source ↗

	Six months ended 30 June 2026 US$'000	Six months ended 30 June 2025 US$'000	Year ended 31 December 2025 US$'000
Continuing operations
Revenue	196,285	179,443	370,995
Cost of sales	(117,358)	(116,073)	(228,774)
Gross profit	78,927	63,370	142,221
Gain/(loss) on biological assets	1,403	(896)	(139)
Foreign-exchange (losses)/gains	(595)	1,762	1,217
Other administrative expenses	(2,860)	(2,801)	(6,446)
Other income	1,178	739	1,978
Operating profit	78,053	62,174	138,831
Finance income	696	1,482	2,004
Finance costs	(122)	(684)	(1,128)
Profit before taxation	78,627	62,972	139,707
Tax on profit on ordinary activities	(17,558)	(14,048)	(29,688)
Profit after tax	61,069	48,924	110,019
Share of associated companies' profit after tax	1,054	680	2,969
Profit for the period	62,123	49,604	112,988
Attributable to
Owners of M.P. Evans Group PLC	61,007	48,654	111,165
Non-controlling interests	1,116	950	1,823
Total attributable to	62,123	49,604	112,988
US cents US cents US cents
Continuing operations
Basic earnings per 10p share	116.8	93.2	212.9
Diluted earnings per 10p share	116.3	92.7	211.8

Source ↗

	30 June 2026 US$'000	30 June 2025 US$'000	31 December 2025 US$'000
Non-current assets
Goodwill	1,158	1,158	1,158
Other intangible assets	600	761	694
Property, plant and equipment	508,513	477,637	511,632
Investments in associates	13,652	11,689	12,967
Investments	67	65	67
Deferred-tax asset	1,596	1,831	2,577
Total non-current assets	525,586	493,141	529,095
Current assets
Biological assets	7,031	4,739	5,628
Inventories	26,719	21,258	22,842
Trade and other receivables	22,832	22,618	20,189
Current-tax asset	3,707	3,501	2,705
Current-asset investments	-	204	-
Cash and cash equivalents	113,519	91,123	87,481
Total current assets	173,808	143,443	138,845
Total assets	699,394	636,584	667,940
Current liabilities
Borrowings	-	2,240	-
Trade and other payables	31,931	30,965	24,931
Current-tax liabilities	9,416	8,651	13,367
Total current liabilities	41,347	41,856	38,298
Net current assets	132,461	101,587	100,547
Non-current liabilities
Borrowings	-	18,625	-
Deferred-tax liability	7,655	8,021	7,979
Retirement-benefit obligations	13,629	13,591	14,005
Total non-current liabilities	21,284	40,237	21,984
Total liabilities	62,631	82,093	60,282
Net assets	636,763	554,491	607,658
Equity
Share capital	8,925	8,933	8,933
Other reserves	56,253	54,934	55,391
Retained earnings	562,755	483,352	535,170
Equity attributable to the
owners of M.P. Evans Group PLC	627,933	547,219	599,494
Non-controlling interests	8,830	7,272	8,164
Total equity	636,763	554,491	607,658

Source ↗

	2025 US$'000	2024 US$'000
Continuing operations
Revenue	370,995	352,839
Cost of sales	(228,774)	(236,249)
Gross profit	142,221	116,590
(Loss)/gain on biological assets	(139)	1,847
Foreign-exchange gain/(loss)	1,217	(23)
Other administrative expenses	(6,446)	(5,930)
Other income	1,978	3,211
Operating profit	138,831	115,695
Finance income	2,004	1,236
Finance costs	(1,128)	(3,441)
Profit before tax	139,707	113,490
Tax on profit on ordinary activities	(29,688)	(25,213)
Profit after tax	110,019	88,277
Share of associated companies' profit after tax	2,969	2,355
Profit for the year	112,988	90,632
Attributable to
Owners of M.P. Evans Group PLC	111,165	87,851
Non-controlling interests	1,823	2,781
Total attributable to	112,988	90,632
US cents US cents
Continuing operations
Basic earnings per 10p share	212.9	165.9
Diluted earnings per 10p share	211.8	165.1

Source ↗

	2025 US$'000	*2024 US$'000	*2023 US$'000
Non-current assets
Goodwill	1,158	1,158	1,158
Other intangible assets	694	852	1,012
Property, plant and equipment	511,632	480,983	486,915
Investments in associates	12,967	10,524	10,003
Investments	67	61	59
Deferred-tax asset	2,577	1,808	1,138
Trade and other receivables	-	-	8,875
Total non-current assets	529,095	495,386	509,160
Current assets
Biological assets	5,628	5,635	3,788
Inventories	22,842	22,788	24,155
Trade and other receivables	20,189	20,847	23,853
Current-tax asset	2,705	7,777	8,673
Current-asset investments	-	214	270
Cash and cash equivalents	87,481	79,223	39,324
Total current assets	138,845	136,484	100,063
Total assets	667,940	631,870	609,223
Current liabilities
Borrowings	-	12,953	21,009
Trade and other payables	24,931	33,122	27,547
Current-tax liability	13,367	13,029	6,279
Total current liabilities	38,298	59,104	54,835
Net current assets	100,547	77,380	45,228
Non-current liabilities
Borrowings	-	20,074	33,413
Deferred-tax liability	7,979	8,204	5,595
Retirement-benefit obligations	14,005	13,141	12,429
Total non-current liabilities	21,984	41,419	51,437
Total liabilities	60,282	100,523	106,272
Net assets	607,658	531,347	502,951
Equity
Share capital	8,933	8,922	9,062
Other reserves	55,391	53,887	53,263
Retained earnings	535,170	460,816	420,626
Equity attributable to the owners of MP Evans Group PLC	599,494	523,625	482,951
Non-controlling interests	8,164	7,722	20,000
Total equity	607,658	531,347	502,951

	LTM Jun 26	FY 25	FY 24
Revenue to operating profit
Revenue	289.0	281.6	276.1
Gross profit	117.7	107.9	91.2
Operating profit	115.4	105.4	90.5
Share-based payments	0.8	0.7	–
Operating profit to net income
Finance costs	(0.4)	(0.9)	(2.7)
Profit before tax	115.9	106.0	88.8
Tax	(24.7)	(22.5)	(19.7)
Net income (owners)	92.2	84.4	68.7
Per share
EPS basic	132.8p	119.8p	103.3p
EPS diluted	177.5p	157.3p	–
Dividend per share	50.3p	44.6p	41.8p

	H1 26	vs H1 25	H2 25	H1 25
Revenue to operating profit
Revenue	146.0	+5%	143.1	138.5
Gross profit	58.7	+20%	59.0	48.9
Operating profit	58.0	+21%	57.4	48.0
Share-based payments	0.3	+19%	0.5	0.2
Operating profit to net income
Finance costs	(0.1)	−83%	(0.3)	(0.5)
Profit before tax	58.5	+20%	57.4	48.6
Tax	(13.1)	+20%	(11.7)	(10.8)
Net income (owners)	45.4	+21%	46.8	37.6
Per share
EPS basic	65.3p	–	67.5p	52.3p
EPS diluted	87.7p	–	89.7p	67.6p
Dividend per share	18.9p	–	31.4p	13.1p

	LTM Jun 26	FY 25	FY 24
Operating activities
Cash from operations	111.5	104.1	106.3
Investing activities
Capex (PP&E)	(18.5)	(18.7)	(16.9)
Capex (intangibles)	–	(0.0)	(0.0)
Financing activities
Dividends paid	(31.0)	(29.4)	(25.3)
Share buybacks	–	0.0	(10.5)
Shares issued	0.0	0.0	0.1

	H1 26	vs H1 25	H2 25	H1 25
Operating activities
Cash from operations	52.4	+16%	59.1	45.0
Investing activities
Capex (PP&E)	(7.9)	−2%	(10.6)	(8.1)
Financing activities
Dividends paid	(22.0)	+8%	(9.0)	(20.4)
Share buybacks	(2.4)	–	–	–
Shares issued	0.0	n/m	(0.0)	0.0

	30 Jun 26	31 Dec 25	31 Dec 24
Non-current assets
Goodwill	0.9	0.9	0.9
Other intangibles	0.5	0.5	0.7
Property, plant & equipment	383.7	379.9	383.3
Associates & JVs	10.3	9.6	8.4
Non-current assets	–	392.9	394.8
Current assets
Inventories	20.2	17.0	18.2
Trade receivables	17.2	15.0	16.6
Cash	85.6	65.0	63.1
Current assets	–	103.1	108.8
Total assets	527.7	496.0	503.5
Current liabilities
Trade payables	24.1	18.5	26.4
Borrowings, current	0.0	0.0	10.3
Current liabilities	–	28.4	47.1
Non-current liabilities
Borrowings, non-current	0.0	0.0	16.0
Pension surplus / (deficit)	–	(10.4)	(10.5)
Non-current liabilities	–	16.3	33.0
Total liabilities	47.3	44.8	80.1
Equity
Non-controlling interests	6.7	6.1	6.2
Total equity	480.4	451.2	423.4

	30 Jun 26	31 Dec 25	30 Jun 25	31 Dec 24
Non-current assets
Goodwill	0.9	0.9	0.8	0.9
Other intangibles	0.5	0.5	0.6	0.7
Property, plant & equipment	383.7	379.9	348.1	383.3
Associates & JVs	10.3	9.6	8.5	8.4
Non-current assets	–	392.9	–	394.8
Current assets
Inventories	20.2	17.0	15.5	18.2
Trade receivables	17.2	15.0	16.5	16.6
Cash	85.6	65.0	66.4	63.1
Current assets	–	103.1	–	108.8
Total assets	527.7	496.0	464.0	503.5
Current liabilities
Trade payables	24.1	18.5	22.6	26.4
Borrowings, current	0.0	0.0	1.6	10.3
Current liabilities	–	28.4	–	47.1
Non-current liabilities
Borrowings, non-current	0.0	0.0	13.6	16.0
Pension surplus / (deficit)	–	(10.4)	–	(10.5)
Non-current liabilities	–	16.3	–	33.0
Total liabilities	47.3	44.8	59.8	80.1
Equity
Non-controlling interests	6.7	6.1	5.3	6.2
Total equity	480.4	451.2	404.2	423.4

Read automatically from each results announcement. Check the source before relying on a figure.

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Company filings. Not investment advice.