Investor Presentaiton
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Group trading update 1HCY21 (continued)
International segment
○ Both Morocco and China seasons have largely been completed, with overall performance very positive versus previous year.
О
○
China will finish with net positive volumes. There was strong pricing and demand over the season, particularly for our premium blueberry varieties, and
as previously advised performance was also helped by lower imports of South American fruit into the market earlier in the year.
Morocco will deliver a solid performance, with volumes in line with budget, driven by favourable timing of earlier fruit and stronger pricing. The season
also benefited from delayed timing of main Spanish blueberry crop.
As previously advised, whilst International results are well ahead of the prior comparative period reported results for this segment have been negatively
impacted by the higher Australian dollar.
Produce segment
O
The domestic produce categories are delivering a mixed performance for the first half.
O Berry category - There was generally favourable pricing across the four main berry varieties and ultimately in line with expectations. Blueberry pricing
was impacted in part by some quality issues in Tasmania.
There was a stronger than usual finish to the Tasmanian season with positive tonnage over the later part of the season, however overall volumes were
down due to climatic conditions versus pcp and a shortage of labour during peak harvest periods.
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NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Costa Group Holdings Limited
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African Blue
Only the Finest Berries"
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Morocco's Best BluebeView entire presentation