FY16 Results Presentation
Highlights
The core elements of our business model were again tested and proven to be highly successful,
especially when viewed against the prevailing competitive landscape in our industry
Highlights
•
•
Costa has exceeded its prospectus forecast earnings
Favourable performance within the portfolio has offset challenging market
conditions in the tomato category
Contribution from the International segment continues to grow meaningfully
Strong cash flow generation and growth capacity
Successful transition from private to public delivering positive/strong shareholder
returns
Growth
Program
costa
fresh is our passion
•
•
•
•
•
2nd year of the first Berry expansion program completed with 3rd year plantings
now underway
Initial projects from the second Berry growth program have been initiated
New tomato glasshouse commissioned and operating at capacity
China Joint Venture now developing second farm
Morocco farm expansion continuing to plan
Pike Creek Riverland citrus orchard acquisition completed in March 2016
4View entire presentation