Company News Summary | 06 Feb 2019

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Select Harvests Announces PAC Partners for Precision Farming

09:49:00 | Associate analysts

Original annuncemenet:PAC Partners Precision Farming - February 2019

Select Harvests announced PAC Partners for precision farming. In which it stated that demand for plant-based products has continued to grow. The company holds 7,677 planted hectares of Australian almond orchards. 36% of firm's orchards will reach maturity over the next 8 years, underpinning future growth. The consumer division sales to China remain in line with expectations, with the China market focused on the New Year sales peak and the demand for Australian almonds in China coupled with a softening exchange rate has resulted in improved almond prices.

This report appeared on 2019 Morningstar Australasia Pty Limited

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