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Australian Agricultural Projects Limited (ASX:AAP)

ALERT: Price-sensitive ASX Announcement for AAP
Current share price for AAP : $0.072 -0.001 (-1.37%)+
Announcement
Release
6 Jul 2026 2:34PM
Price at Release
$0.073
Full Release
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Summary
Australian Agricultural Projects Limited reported a successful 2026 harvest with a total olive oil production of 639,900 litres, an improvement over the previous 'off-year'. Despite challenges such as late flowering, the production was at the high end of management's expectations and only a small percentage of the oil did not meet extra virgin standards. The oil is to be sold to Cobram Estate Limited, supporting well-known olive oil brands in Australia. The company commended its management team for their dedication during the harvest.
Key Points
  • Completed 2026 harvest with total production of 639,900 litres of olive oil.
  • Production was at the top end of expectations despite being an 'off-year'.
  • Total production improved from the previous 'off-year' in 2024.
  • Oil quality is high with less than 5% not meeting extra virgin standards.
  • Sales agreements with Cobram Estate Limited for distribution.
  • Acknowledgement of the orchard management team's efforts.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.