Fruit and vegetable company Costa Group
(ASX:CGC) has reported its net profit after tax (NPAT) of $115.2 million, rising 99.5 per cent from $57.7 million last year.
In more good news for the horticultural company, its revenue strengthened over the 2018 financial year, and lifted 10.2 per cent to $1 billion.
EBITDA rose 30.9 per cent to $150.8 million on the prior corresponding period.
They also announced movement in their team. Tiffany Fuller has resigned as a Non-executive director of the company and Tim Goldsmith has been appointed as an independent non-executive director.
They are paying a full year dividend of 13.5 cents per share, representing 22.7 per cent growth on FY2017.
Shares in Costa Group
(ASX:CGC) closed 1.39 per cent higher to $8.74 yesterday.
