1HCY21 Results Presentation
Produce Segment
Citrus
Impact of the previously advised New Year's day '21 hailstorm damage to our
Colignan (Vic) table grape crop progressively increased, resulting in
significantly lower production volumes from this farm and a subsequent
earnings impact.
Early citrus harvest through May and June delivered tonnage ahead of
forecast due primarily to early timing of the mandarin harvest.
Riverland fruit fly restrictions have impacted performance adding additional
cost. Restrictions in place for remainder of season. Cold treatment is
required for the majority of our export markets and is being well managed.
Expected cost over season is between $6m to $8m.
Riverland yield tracking close to forecast, with fruit quality above
expectations and percentage of first grade fruit being packed ahead of same
time versus prior year.
2PH season is progressing positively, with favourable pricing in all export
markets, especially China. Product attracting a price premium above
competing citrus brands in the Guangzhou and Shanghai wholesale
markets
Renmark, Riverland packing facility and orchards
1HCY21 Results
Presentation
African Blue
Moraccols finest blueberries
Only the Finest Berries"
Driscoll's Kalady fingers
LOVACADO.
Aussie avos. From Costa.
MUSH
BOOM!
TO THE
RESCUE
Perino 2.PH. Vitor
AUSTRALIA'S BEST
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AUSTRALIA'S BEST
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