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Camellia’s prices lukewarm

Benign weather conditions boosted production volumes and profits, but pricing pressures persist
Camellia’s prices lukewarm

Excluding released provisions relating to resolved wage and pension issues, Camellia’s (CAM) underlying pre-tax profit increased by 38 per cent to £38.1m in 2018. Within a unique blend of businesses includes engineering, food service and investments, agriculture is where most of Camellia's profits are generated. Comprising almost 80 per cent of group revenue, the segment trading profit increased by 43.3 per cent to £51m.

IC TIP: Hold at 10500p

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