Cobram Estate Olives Limited completed its Australian olive harvest

Jul 01, 2024

Cobram Estate Olives Limited (ASX: CBO) completed its 2024 Australian olive harvest, receiving 55,333 tons of olives, leading to a total olive oil production of 10.1 million liters. The company's production from its groves was 9.4 million liters, and an additional 0.7 million liters of third-party olive oil were also processed and will be marketed by the company.

It remains committed to delivering high-quality olive oil. The olive oil's quality from the 2024 harvest is very good, and the company will have sufficient supply to meet the requirements of its packaged goods sales plan through to the 2025 harvest. After this year's favorable season, the company's Australian olive trees are in good condition. It's worth noting that 2025 is an 'on-year' for our Australian olive groves, and the crop is expected to be significantly higher than in 2024.

 

 

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