Cobram Estate Olives (ASX:CBO) has announced it's expecting a significantly higher yielding olive crop this financial year compared to the previous, and its key capital projects are well advanced.
Australia's largest vertically integrated olive farmer and marketer of premium quality extra virgin olive oil says it didn't experience any material damage due to recent flooding in the areas it operates, and water prices remain lower than usual.
Cobram Estate Olives own a portfolio of premium olive oil brands, have over 2.4 million olive trees planted on 6,584 hectares of farmland in Victoria, and 207,500 trees planted on 358 hectares of properties in California, USA.