Australia's Cobham Estate Olives eyes worst day after annual loss

Broken Hill Mines

28/08/2026 07:01

** Shares of Australia's Cobham Estate Olives CBO.AX falls 12.9% to A$2.53, set for their worst day 
** Stock touches lowest level since 29 July 2025
** Olive and olive oil producer swings to an FY loss after tax attributable of A$4.2 million, from a profit after tax attributable of A$49.6 million last year
** Says loss due to increased promotional costs and operating costs for running olive groves
** YTD, stock down 28.8%

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))