Investor Presentaiton
Costa Farms & Logistics Segment
A$m
Revenue
EBITDA-S
1HCY23
1HCY22
Variance (%)
95.6
90.7
5.4%
5.3
8.3
-36.1%
•
Highlights
•
Revenue growth +5.4% vs pcp.
Costa
well grown
1HCY23 Results
Presentation
Weakness in wholesale market margins and increased energy
costs contributed to reduced EBITDA-S versus pcp.
EBITDA-S margin
5.5%
9.2%
-3.7pts
Farms
Transacted Sales
91.7
89.0
3.0%
Revenue growth 5.4%
4%
5%
Costa Farms Costa Logistics
1HCY23 Share of revenue
Market trading was marginally below forecast, with servicing
revenue driven by strong berry volumes, including from third
party customers which saw increased revenue vs pcp.
18%
82%
Costa Farms Costa Logistics
Logistics
•
Additional third-party warehousing volumes contributed to
revenue uplift vs pcp.
Select Fresh performed below expectations, impacted by the
underperformance of retail facing trade.
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