Brief: Cobram Estate Olives Says Strong Start To H2 Recorded With New Season Olive Oil In Tanks

Cobram Estate Olives

21/02/2022 07:01

Feb 21 (Reuters) - Cobram Estate Olives Ltd  CBO.AX : 
    * STRONG START TO H2 RECORDED WITH NEW SEASON OLIVE OIL IN
TANKS
    * TO DATE HAS BEEN UNABLE TO SECURE ANY BULK OIL ON SPOT
MARKET
FROM THIRD-PARTY MILLERS
    * USA SALES EXPECTED TO BE STRONGER IN H2
    * USA OLIVE OIL SALES PROJECTED TO FINISH FY2022 DOWN ON
FY2021
    * EXPECT INCREASE IN PLANTED AREA IN U.S. OLIVE OIL DIVISION
WILL
MORE THAN DOUBLE ANNUAL OIL SUPPLY IN MEDIUM-TERM

Source text for Eikon:  ID:nASX2WgmgS 
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 ((Reuters.Briefs@thomsonreuters.com;))