The Connection to the world of Sustainable Tropical Agriculture
1
Peer review
Disclaimer
The information contained in this section is provided for your general information only and is not designed nor intended to offer anything more than information only.
The information with respect to the companies included in the Peer Review was retrieved from publicly available information being annual reports and company websites on the one hand and from analyst reports we received on the other hand. In some cases we had to give our own interpretation to the available information in order to get comparable indicators.
As a consequence of using different sources combined with giving our own interpretation to the available information, the information may not always be correct and SIPEF does not accept any liability for loss and damage that may arise from relying upon this information.
2
Peer review
Principle assumptions
Benchmark of main industrial competitors
Age profile based on own ageing interpretation
Market capitalization is calculated based on the average exchange rate & average share price of the year
Benchmark based on own CPO productions of competitors:
Tons
CPO own production benchmark (2021)
12 673 508
Worldwide production (Oilworld 2021)
75 882 000
Representative sample of comparable industry competitors (2021): 33,4%
Industrial comparable companies (50%)
3
Peer review
Own planted Oil Palm Hectares in KHa (2021)
Sime Darby
580
Golden Agri-Resources
423
Felda Global Ventures
336
Kuala Lumpur Kepong
275
Salim Ivomas Pratama
251
Wilmar International
230
Astra Agro Lestari
214
First Resources
179
IOI Corporation
177
Genting Plantations
139
Triputra Agro Persada
138
Bumitama
133
Eagle High Plantations
97
London Sumatra Indon
94
Socfinaf
91
DSNG
85
Sampoerna Agro
84
SIPEF
77
Anglo Eastern Plantations
70
United plantations
47
MP Evans
40
Socfinasia
39
R.E.A. Holdings
36
Plantation
Integrated
Sipef
In '000 hectares
2020
2021
Var %
Total
3.813
3.835
0,6%
Sipef
76
77
0,3%
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Peer review
Age Profile: Average age planted hectares (2021)
London Sumatra Indon
18,0
Salim Ivomas Pratama
17,0
R.E.A. Holdings
16,5
Golden Agri-Resources
16,0
Astra Agro Lestari
15,8
Felda Global Ventures
14,3
IOI Corporation
13,5
Anglo Eastern Plantations
13,0
Sampoerna Agro
13,0
First Resources
13,0
Eagle High Plantations
12,9
Socfinasia
12,6
Bumitama
12,5
Kuala Lumpur Kepong
12,3
Genting Plantations
12,1
Sime Darby
12,0
Wilmar International
12,0
DSNG
11,9
Socfinaf
11,8
Triputra Agro Persada
11,8
United plantations
11,0
SIPEF
9,9
MP Evans
9,0
Plantation
Integrated
Sipef
In years
2020
2021
Var %
Average
12,6
13,1
3,7%
Sipef
10,3
9,9
-3,1%
5
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Disclaimer
Sipef NV published this content on 20 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2022 04:59:00 UTC.
SIPEF is a food processing group organized around 5 product families:
- palm oil (94% of sales): 403.9 Kt produced in 2022;
- exotic fruits and plants (4.2%): bananas (32.3 Kt produced), pineapple flowers;
- tea (0.8%);
- rubber (0.7%): 0.7 Kt produced;
- other (0.3%).
At the end of 2022, the group had 81,404 hectares of plantations.
Net sales are distributed geographically as follows: Belgium (2.3%), Indonesia (46.8%), the Netherlands (25.3%), Switzerland (17.3%), Malaysia (2.1%), France (1.9%), the United Kingdom (1.4%), Germany (0.8%) and other (2.1%).
SIPEF 
