Australian Agricultural Projects Limited (ASX:AAP) Completes 2025 Harvest
Harvest Results
Australian Agricultural Projects Limited (ASX:AAP) has completed the 2025 harvest, producing a total of 752,600 litres of olive oil, up from 551,500 litres in 2024. This result aligns with management’s expectations for an “on-year” in the biennial cycle, comparable to the 2023 on-year harvest.
Product Quality
Initial testing indicates that the quality of this year’s oil has improved over last year, maintaining the extra virgin olive oil (EVOO) standard. Management is awaiting final test results before finalising sales.
Sales Agreement
The EVOO produced will be sold to Cobram Estate Limited (ASX:CBO) under an olive oil supply agreement, supporting Redisland and Cobram Estate retail brands in Australian supermarkets. Non-EVOO oil will be marketed separately.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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