FY16 Results Presentation slide image

FY16 Results Presentation

#2 Australian Citrus expansion ☐ As at June 2016, Costa has 2,171ha of planted citrus in the Riverland region across 5 farms. ☐ ☐ ☐ Costa's operations are large scale and highly mechanised, with an export advantage of being in Australia's only fruit fly free region, with ~55-60% of the total crop exported Future growth in this category will be driven by: - - - Government funded 3IP program, with 170ha of new plantings, and 130ha replanting/topworking being undertaken from 2015-2018 on Costa's Riverland farms Amaroo farm 292ha leased in 2014, expected to increase in yield with improved agronomic practices and tree maturity Pike Creek farm 109ha acquired in 2016, with expansion to 120ha through 3IP These initiatives are expected to increase yield progressively through to 2025 Renmark packing facility costa fresh is our passion Section of the Kangara citrus orchard 20 20
View entire presentation