Investor Presentaiton
#2 Expansion growth initiatives - berry growth project update
Project progressing to schedule, with FY16 expansion well progressed
Timing and capex remain in line with the prospectus forecast
Initial harvests from FNQ and WA have exceeded expectations
Berry expansion
Oct 2013
◉
Growth
capex
project plans
presented to
and
approved by
Costa's
Board
Capital spent (percentage of
$47m project total):
■
June 2014
Blueberries:
3 ha planted
in FNQ
■
June 2015
Blueberries: 26
☐
☐
ha planted in
Corindi, FNQ, WA
Raspberries: 40
ha planted in
Corindi, WA, TAS
Strawberries: 2
ha planted in TAS
53%
FY 2016 plan:
Blueberries:
42 ha
planted in
FNQ, WA
Raspberries:
27 ha in
Corindi, TAS
Strawberries:
8 ha planted
in TAS
87%
■
☐
FY2018+
Blueberries:
20 ha
planted in
Corindi, FNQ
Raspberries:
19 ha in
Corindi, TAS
Strawberries:
8 ha planted
in TAS
100%
FNQ Atherthon- further 18ha blueberry
Packing shed at Walkamin, FNQ
Tasmania-further 19ha raspberry
costa
fresh is our passion
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