FY16 Results Presentation
#3 International growth projects - Morocco
Strong demand for Costa varieties underpinning continued growth
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FY2016 saw continued strong demand for African Blue product, with a
price premium being achieved through the season
Original plantings are now in their 8th year of production, and expected
to yield productively for a further 2 years before replacement. In
Australia, these varieties are normally replaced by the 8th year. This is
due to ideal soil and growing conditions
At the end of FY2016, African Blue has 208ha planted across 5 farms,
including 13ha of substrate production. A further 70ha is planned to be
planted in FY17
A new packing facility to support the northern farms will be operational
for the FY17 harvest
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New Costa trial varieties are also being tested in Morocco
The joint venture continues to self fund its growth in addition to
payment of dividends to its shareholders
Substrate trials, Larache Farm, Morocco
costa
fresh is our passion
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