Costa Group Holdings Limited (CTTQF) Research

Costa Group Holdings Limited, an Australian company established in Ravenhall in 1888, is a prominent producer, packer, and marketer of fresh fruits and vegetables, serving food retailers worldwide. Its business is structured into three main divisions: Produce, Costa Farms and Logistics, and International. The company offers a wide array of products, including mushrooms, various berries (raspberries, strawberries, blackberries), tomatoes, citrus fruits, avocados, bananas, and grapes. Beyond cultivation, Costa also provides chilled logistics, warehousing, wholesale distribution, and marketing solutions. Internationally, it licenses blueberry varieties across Australia, the Americas, China, Africa, and other regions, and manages berry farming operations in Morocco and China. As of December 31, 2021, Costa's substantial agricultural footprint included 5,427 hectares dedicated to citrus, 1,038 hectares for avocado and banana production, 721 hectares of berries, 108 hectares of mushrooms, and 35 hectares of tomatoes, supplemented by 345 hectares in Morocco and 296 hectares in China. The company also engages in significant export activities.

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