Cobram Estate Olives Ltd. (AU:CBO) has released an update.
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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.
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