Cobram Estate Olives Ltd. (AU:CBO) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Cobram Estate Olives Ltd has completed its 2024 Californian harvest, producing 3 million litres of olive oil, a significant increase from the previous ‘off’ year. The company is expanding its US operations with new land acquisitions and has increased its debt facilities with the Commonwealth Bank of Australia. Additionally, the company’s sales in both Australia and the USA are performing strongly, aided by a recent price rise in the US market.
For further insights into AU:CBO stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue