CSS 2.63% 18.5¢ clean seas seafood limited

That's a very optimistically worded downgrade to sales (2,750 to...

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  1. 955 Posts.
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    That's a very optimistically worded downgrade to sales (2,750 to 3,000 tonnes is now 2,750 tonnes).

    Regain of domestic market share likely due to HUO exiting market?

    Great to see export markets including Asia growing strongly where the future of sales growth will come from & factory farm gate (& therefore margins) continuing to improve which won't go on forever.

    My question is why wasn't this information available for the interim results? Seems strange unless there is a long delay in getting frozen sales confirmed from overseas distributors?

    Another solid piece of evidence that CSS is on the right track & that they will be able to deliver sales growth to match production expansion.
    Based on the recent sales growth I'd expect a higher volume increase next year (in tonnes) closer to 3,250-3,500 tonnes.
    Last edited by Tarvold: 20/03/19
 
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