1HCY21 Results Presentation slide image

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 > itor AUSTRALIA'S BEST 15
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