![]() “In the future, weather and climate issues that could adversely impact Cobram Estate Olives may arise with greater frequency or may be less predictable due to the effects of climate change.”Īnalysts also noted the fluctuation in reported profit or loss due to the biennial nature of olive crop yields as another risk, as well as customer concentration (Coles and Woolworths are Cobram’s top two clients, accounting for 53 per cent of the company’s 2022 revenue) and reliance on third-party olive producers in the US. The nature of the risk is long-term, he pointed out. “ may negatively impact Cobram’s financial results.” ![]() “Drought, frost, hail, flood, wind, extreme heat, bushfire, or a combination of these events can impact the health of the olive tree and the crop yield,” Bell Potter analyst Jonathan Snape said in a note. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
May 2023
Categories |