1HCY21 Results Presentation slide image

1HCY21 Results Presentation

International Segment China Morocco >> O Higher volumes from increased plantings and lower imports of South American fruit into the market especially earlier in the year supporting strong pricing and demand over the season. Tonnage +1,093 versus pcp. О Early season plantings in Agadir (south) as well as earlier season higher volumes across our northern farms, together with strong pricing over the season contributed to a positive result. Tonnage +1,3081 versus pcp. Emerging regions О Third party grower tonnage from Africa² was +148 tonnes versus pcp. Positive early start to Zimbabwe and South Africa licensed third party grower season. Planted hectares in these regions continuing to increase (1HCY21: 365ha versus pcp: 200ha) and building on 52 week supply volumes. Overall yield finished in line with expectations, with jumbo variety volumes higher than budgeted toward the end of the season. Costa premium varieties, including Arana (jumbo) have gained further market recognition and continue to attract a significant price premium. This supports the continuing development of our China farming footprint. Performance also benefited from delayed timing (three weeks) of main Spanish blueberry season. Accelerated focus on scheduled replanting at northern farms. Replacement of legacy varieties with new premium Costa varieties. ○ ○ New long term exclusive agreement with Driscoll's signed in late CY20 for licensing of Costa blueberry genetics in the Americas. Our international licensing program continues to build in importance, including expanding geographical reach across Africa, China and the Americas. This is in recognition of our superior blueberry genetics and consumer demand for premium quality fresh produce. African Blue Morocco's finest blueberries Only the Finest Berries Driscoll's Klady fingers LOVACADO. Aussie avos. From Costa. MUSH BOOM! TO THE RESCUE Perino 2.PH. Vitor itor 11 AUSTRALIA'S BEST AUSTRALIA'S BEST Notes: 1. Own tonnage, excludes third party growers 2. Morocco and Southern Africa third party growers 1HCY21 Results Presentation
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