1HCY21 Results Presentation slide image

1HCY21 Results Presentation

> Produce - Citrus Category 2PH acquisition - Central Queensland cont'd 2.PH. O Tree maturity -50% of plantings under 5 years old, 63% of plantings yet to reach maturity (8 years). Consideration - total final capital cost $220m1. Partially funded by successful capital raise of $190m completed end July. Initial cost was above that which was previously announced due to timing on working capital at settlement and to earlier completion than expected. CY21 - sale agreement includes economic and cashflow benefit of CY21 season to Costa although majority of earnings accounted for as balance sheet rather than CY21 P&L. Proforma CY21 EBITDA-S contribution would have been $29m if 2PH asset had been owned for full year CY21. Season update - forecast volume is circa 30,000 tonnes. Season largely performing as expected. Main Murcott season progressing as planned, export pricing in line with expectations and no disruptions in access to the Chinese market to date. US market access - As of August '21, the United States has given market access to the export of citrus grown in Central Queensland, further opening up potential markets for our 2PH volumes. Presentation 1HCY21 Results African Blue Driscoll's Kalady fingers LOVACADO. Aussie avos. From Costa. Moraccols finest blueberries Only the Finest Berries MUSH BOOM! TO THE RESCUE Notes: 1.Excludes transaction costs Perino 2.PH. Vitor itor AUSTRALIA'S BEST AUSTRALIA'S BEST 27 27
View entire presentation