CGC 0.00% $3.19 costa group holdings limited

Ann: Trading update, including earnings guidance, page-96

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  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    definitely structural to me. for me, the company has not been clear in today's announcement

    newpaper article below:

    Australia's peak avocado body however said that domestic demand for the fruit was "steady", with consumption increasing at about 6 per cent every year since 2006.

    Production was also ramping up rapidly, with about 26 per cent more fresh avocados in the combined Australian and New Zealand market in December compared to a year earlier, according to Avocados Australia CEO John Tyas, who said the industry needed to start exporting more to an oversupply at home.

    "The expected growth in supply is well above previous consumption growth," Mr Tyas said.

    "The expectation is that significantly more fruit will be marketed to offshore markets as the domestic market approaches saturation." in to
    Last edited by ddzx: 10/01/19
 
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Currently unlisted public company.

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