FY16 Results Presentation
#1 Australian Berry expansion
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Costa continues to grow its market volumes in blueberries, raspberry and summer strawberry
production. Importantly we have achieved unique year round production of high quality blueberries
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FY16 projects (76 ha) across 4 regions - FNQ, WA, Tasmania and Corindi – have been completed on schedule
Acceleration of Tasmania raspberry and FNQ blueberry expansion as part of the second growth program
Good progress on final FY17 tranche of the original growth plan (~35ha). Further 38ha to be planted as part of the second growth
program.
Small blueberry farm in Tasmania acquired in August 2016 to supplement shoulder season volumes
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New Driscoll's blackberry genetics have cleared quarantine, with a small trial planting scheduled for FY17
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Yields and results from the growth plan to date have exceeded expectations
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Capex in line with forecast
6%
20%
Blueberry
costa
fresh is our passion
Volume
(with % annual growth rate)
43%
40%
40%
47%
Raspberry
Strawberry
FY14 FY15 FY16
One of the new blueberry plantings, Far North Queensland
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