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Cobram Estate Olives Limited (ASX:CBO)

ALERT: Price-sensitive ASX Announcement for CBO
Current share price for CBO : $3.240 0.01 (0.31%)+
Announcement
Release
9 Sep 2025 9:55AM
Price at Release
$3.230
Full Release
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Summary
Cobram Estate Olives Limited (CBO) has been expanding its operations significantly in both Australia and the USA. The company owns approximately 19,800 hectares of farmland, with large-scale olive groves and advanced milling facilities. In Australia, CBO manages 2.6 million olive trees across 7,000 hectares, with additional operations in California, USA, where they have developed 870 hectares of olive groves. The company has also built infrastructure for milling and bottling in Woodland, California, and secured supply agreements with third-party growers. CBO's vertically integrated operations and proprietary Oliv.iQ® system have led to enhanced efficiency, yielding olive oil at a cost 30% lower than the global average. The USA is the second-largest consumer of olive oil globally, with consumption growing at a 4.5% CAGR. This presents significant growth opportunities for CBO, especially as they aim to capture the rising demand for premium, locally produced extra virgin olive oil in the USA.
Key Points
  • CBO owns around 19,800 hectares of farmland, primarily in Australia and some in the USA.
  • The company utilizes a proprietary system, Oliv.iQ®, to achieve high olive oil yields.
  • CBO has expanded its USA operations, acquiring and developing significant olive grove areas.
  • The USA olive oil market is growing, with CBO well-positioned to meet rising demand for local high-quality EVOO.
  • CBO's operations feature advanced milling and bottling infrastructure in both Australia and the USA.
  • Vertical integration and sustainability initiatives are strategic advantages for CBO.
  • CBO is a leader in sustainable olive farming with its zero-waste initiative and the Olive Wellness Institute®.
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.