SHV Business Update

Summary by 6ix AI

Select Harvests Limited provides a trading update regarding its crop and operational costs for the upcoming year. The company expects a near record crop size, with significant increases in external grower volumes compared to the previous year. Operational costs have risen due to wet weather impacts and inflationary pressures, but almond prices have also increased, supporting revenue. The macro outlook for almonds remains positive, driven by declining supply in the Californian market and increasing global demand.

Written by 6ix AI from the company’s filing. How 6ix writes summaries