Costa Group’s chief executive has said the opening of the economy should help its underperforming avocado business recover and lift profits after revenue in the category was hit by the pandemic lockdowns.
Fruit and vegetable giant will acquire the exclusive rights to a range of seedless mandarins through a new farm acquisition,while it has also flagged it expects avocado prices to remain low for the rest of the year.
The investment banking powerhouse's interest in farm owner Vital Harvest has been welcomed by its biggest tenant,the fresh food giant Costa Group.
The coronavirus crisis has not only drastically changed how we live,it has also changed how we shop. But what changes are here to stay?
Prominent business voices across Melbourne are hoping the city can re-emerge from the"dark tunnel"of emotional and economic distress caused by the COVID-19 lockdown.
The ASX-listed fresh food company is rewarding shareholders with a fatter dividend,as it forecasts solid earnings for the second half of calendar 2020.
The horticulture industry fears its backpacker workforce could crumble due to the pandemic,leading to a jump in fruit and vegetable prices.
The listed fruit and vegetable giant's boss says he's concerned about the China/Australia trade stoush but stresses Costa's citrus exports to China are safe.
Fresh produce giant Costa Group has become the latest company to pull its full year guidance,citing the great uncertainty created by the coronavirus.
Fresh produce companies have called for an immediate extension to visas for backpackers and seasonal workers,amidst fears COVID-19 could see many return home.
Costa Group is getting better prices for its fresh produce so far this year,after a very challenging 2019.