Camellia (CAM): Profit warning
This situation live
CAM Camellia
26 Aug 2026 · profit warning · -4% on the day · +2% until the next step
our net earnings for the period ended 31st December 2026 may be at least 25% lower than that reported for the year ended 31st December 2025
3 Sep 2026 · profit warning · -1% on the day · −7% until the next step
While the full-year outcome remains uncertain, particularly given headwinds at Kakuzi and disruption arising from events in the Gulf, we remain focused on restoring sustainable profitability.
22 Oct 2026 · profit warning · third in 12 months · +0% since
Camellia's trading result for 2026 is expected to be weaker than previously anticipated due to global rise in energy, fuel, fertiliser and transportation costs and lower crop yields.
Profit warning
profit warning · third in 12 months
Directionbelow expectations / warning
Reaction on the day−7%
In 12 months3 statements in the same direction
Company's wordsCamellia's trading result for 2026 is expected to be weaker than previously anticipated due to global rise in energy, fuel, fertiliser and transportation costs and lower crop yields. ↗
As of 22 Oct 2026 ↗
Since Oct 2023: 1145 situations of this kind; median share price +0% six months after they opened
Next: final 2026 trading result, shaped by Q4 phasing
Every step · 3
- 26 Aug 2026 profit warning · -4% on the day – our net earnings for the period ended 31st December 2026 may be at least 25% lower than that reported for the year ended 31st December 2025 ↗
- 3 Sep 2026 profit warning · -1% on the day – While the full-year outcome remains uncertain, particularly given headwinds at Kakuzi and disruption arising from events in the Gulf, we remain focused on... ↗
- 22 Oct 2026 profit warning · third in 12 months – Camellia's trading result for 2026 is expected to be weaker than previously anticipated due to global rise in energy, fuel, fertiliser and transportation... ↗
What is happening
Camellia: Profit warning – profit warning · third in 12 months. ['profit warning · third in 12 months']
- In short
- On 26 Aug Kakuzi flagged 2026 net earnings at least 25% lower, and the H1 results (3 Sep) added El Nino as a headwind. On 22 Oct Camellia gave numbers: a trading loss of £3-5m, revenue of £255-260m and EBITDA of £25-28m, with cost inflation and weaker nut prices the causes.
- Announced
- 26 Aug 2026 · profit warning · -4% on the day
- Latest
- 22 Oct 2026 · profit warning · -7% on the day
- H1 trading loss
- £5.0m versus £9.6m in H1 2025
- Headwinds
- Energy, fuel, fertiliser and transport costs; lower avocado and macadamia prices and yields
- Next update
- Further forecast update in late October 2026
- Trading result
- Forecast loss of £3-5m for 2026 versus a £1.0m trading profit in 2025
- Revenue
- £255-260m forecast versus £268m in 2025, from Indian garden sales and lower macadamia and avocado sales
- EBITDA
- £25-28m expected, including approx. £23m profit on disposals
- Weak units
- Kakuzi, Malawi, South Africa; AJT disappointing on weaker North Sea activity
- Strong units
- Bangladesh, India and EP Kenya tea; Brazilian arable in line
What comes next
final 2026 trading result, shaped by Q4 phasing.
From the company's own announcements. Not investment advice.
Briefing
Camellia in 4 minutes
Camellia owns tea estates, avocado and macadamia orchards, and arable and forestry land across seven countries in Asia, Africa and Brazil. For years its farms lost money in the first half and barely broke even over a...
- Act 1Two hard years of low prices
- Act 2Cash arrives, a plan follows
- Act 3Selling the non-core, planting the core
Also at Camellia 2 open
Project milestonesFour growth projects – All four proceeding to plan
Legal & regulatoryKakuzi land claims – Kakuzi has started court challenge to NLC
Disposal of a part (break-up)Disposal of non-core assets – Non-operating disposals substantially complete · closed
Capital returnTender offer and buyback programme – paid · closed
Upgrade / downgrade cycleProfit upgrade – guidance raised · second in 12 months · closed
Camellia – company page →