Costa Group

Covid-19 food industry updates – Friday 14 August (free to read)

14 Aug 2020

just-food is providing daily updates on how the Covid-19 pandemic is affecting the world's packaged food sector.

Costa Group CEO Harry Debney plans to retire next year

29 May 2020

Australia's Costa Group, a fruit and vegetable supplier, has announced its chief executive plans to retire and is launching a recruitment process to find a successor.

Costa Group announces Wayne Johnston as new CFO

27 Apr 2020

Australia-based fruit and vegetable supplier Costa Group has announced that an experienced finance executive is to become its new chief financial officer.

Coronavirus - Australia's Costa Group withdraws guidance despite "robust trading"

16 Apr 2020

Costa Group Holdings, an Australia-based fruit and vegetable supplier, has withdrawn its financial guidance because of the uncertainties from coronavirus.

Costa Group CFO Linda Kow to step down

23 Dec 2019

Costa Group, the Australia-based fruit and vegetable supplier, has announced that its chief financial officer is stepping down from the role.

Costa Group cuts annual guidance, initiates capital-raising exercise

28 Oct 2019

Costa Group, the Australia-based fruit and vegetable supplier, has cut its annual guidance again amid volatility across the whole business.

Australia's Costa Group requests trading halt

23 Oct 2019

Australia-based fruit and vegetable grower Costa Group has temporarily suspended trading in its shares ahead of an expected trading update today (23 October).

Costa Group shares slump as earnings guidance slashed

30 May 2019

Costa Group, the Australia-listed fruit and vegetable supplier, has slashed its full-year earnings outlook. 

Australia's Costa Group cuts profit guidance on subdued demand for select vegetables, fruit

10 Jan 2019

Australian fresh fruit and vegetable supplier Costa Group Holdings has cut its full-year earnings guidance.

Aussie fruit and veg giant Costa acquires local peer Nangiloc Colignan Farm

16 Nov 2018

Costa Group, Australia's largest grower of tomatoes, avocados, mushrooms and berries, has made an acquisition in its home market.

Earnings summary - George Weston food division results hit by FX, restructuring; Pinnacle Foods profits underpinned by tax reform; Land O'Lakes "record'' profits; Hostess Brands hails "strong finish" to 2017

2 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Costa Group makes avocado acquisition

28 Feb 2018

Australia-based fresh produce supplier Costa Group Holdings is to add to its avocado business with the acquisition of assets from local supplier Coastal Avocados.

Costa Group touts breadth as profits rise

24 Aug 2017

Australia-based fresh produce supplier Costa Group pointed to the breadth of its business as it booked higher annual sales and profits.

Costa expands in avocados with Lankester acquisition

5 Jul 2017

Australian produce company Costa Group Holdings is growing its avocado business with the acquisition of the Lankester Avocado orchards and packing operations from the Lankester family.

Australia's Costa Group to up mushroom production

30 May 2017

Australia-based produce supplier Costa Group is to invest in its domestic mushroom production to meet what it says is growing demand for the vegetable.

Costa Group raises FY outlook as sales and earnings jump

28 Feb 2017

Australian produce company Costa Group Holdings has raised its full-year profit outlook having booked higher sales and earnings for the first half of fiscal 2017/18.

Costa Group, Macquarie to buy Avocado Ridge 

2 Dec 2016

Australian produce company Costa Group Holdings has teamed up with investment bank Macquarie to buy the Avocado Ridge avocado orchards and packing operations from the Carney family. 

Costa Group reports "outstanding" citrus performance 

25 Aug 2016

An "outstanding" performance from its citrus business enabled Australian produce supplier Costa Group to book a-near 12% increase in full-year revenue. 

Costa Group sees growth across produce categories in H1

25 Feb 2016

Australian fruit and vegetables supplier Costa Group has reported an increase in half-year sales and profits, with growth across its produce categories.

Costa Group, Driscoll's form China berries venture

28 Jan 2016

Costa Group, the Australian produce supplier, and US-based distributor Driscoll's have set up a berry production venture in China.

Costa Group shares dip on debut in Australia

24 Jul 2015

Shares in newly-listed Australian produce supplier Costa Group Holdings closed their first day of trading below their issue price.

AUS: Private-equity firm takes 50% stake in produce firm Costa

22 Jul 2011

The owners of Australian fresh produce firm Costa Group has sold a 50% stake in the business to private-equity firm Paine & Partners.