News: CGC Costa Posts FY Statutory NPAT Of A$47.0M

Feb 21 (Reuters) - Costa Group (CGC) :

• FY STATUTORY NPAT OF A$47.0M
• WEATHER EXPECTATIONS FOR CY23 ARE MODERATING
• FORECAST RETURN TO MORE NORMAL GROWING CONDITIONS EXPECTED TO DELIVER IMPROVED PERFORMANCE IN 2023
• SIGNIFICANT INPUT COST INFLATION PRESSURES OVER CY22 EXPECTED TO MODERATE IN CY23
• CY24 & CY25 SEEN BENEFITING FROM CONTINUED MATURING OF CITRUS TREE AGE PROFILE RESULTING IN CORRESPONDING PRODUCTION INCREASES, AMONG OTHERS
• BENEFITING FROM CONTINUING PROGRAM OF INSOURCING PACIFIC SEASONAL LABOUR
• DECLARES FINAL DIVIDEND OF 5.0 AU CENTS PER SHARE