Cobram Estate Olives announced on Monday it successfully completed its 2025 Australian olive harvest, milling over 80,000 tonnes of olives resulting in total olive oil production of 14.2 million litres compared to 10.1 million litres in 2024.
The company’s production from its own groves was 13.2 million litres, up from 9.4 million litres in 2024. Through supply agreements and spot purchases, the company secured an additional 1.1 million litres from other Australian millers, taking total olive oil from the 2025 Australian harvest to 15.3 million litres.
Due to the natural biennial cycle of olive yields, 2025 was a higher-yielding “on-year” in most of the company’s Australian olive groves. Total production was 10.2 per cent higher than the last “on-year” harvest in 2023 of 12.9 million litres.
Based on unaudited management estimates, the company expects underlying earnings before interest, tax, depreciation and amortisation to be approximately $115 million for 2025, compared to $66.7 million in 2024.
The board anticipates paying a fully franked dividend of 4.5 cents per share in late November 2025, up from 3.3 cents per share paid in November 2024.
Cobram Estate also announced the acquisition of farming machinery business Leda Ag for an initial payment of approximately $3 million, with an additional $2 million to be paid over the next four years.
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