Anglo Eastern Plantations plc announced interim management statement results in respect of the period since December 31, 2013. For the first three months ended March 31, 2014, own production of fresh fruit bunches (FFB) was 180,630mt, an increase of 16% compared to the same period in 2013 (three months of 2013: 155,900mt). FFB bought-in was 135,300mt, which represents an increase of 104% in comparison with the same period in 2013 (three months of 2013: 66,200mt). Total Crude Palm Oil (CPO) produced was 64,000mt, 38% higher than the corresponding period in 2013 (three months of 2013: 46,300mt).

The company anticipate that CPO price will remain generally stable due to the increase in demand from biodiesel and modest levels of industry output. The Board remains cautious but expects to profitability and cash flow to remain in line with management forecasts for the remainder of 2014.