COBRAM Estate Olives has recorded a $49.6 million after-tax profit spurred by doubling in its US sales and increases in its Australian market success.
The company on Friday said there had been 16.6 per cent growth in Australian branded sales to $141.4 million before tax, up on the previous year’s  $121.3 million.
Total olive oil production from the 2025 Australian harvest was 14.2 million litres.
There was a 101 per cent growth in Cobram Estate branded US sales to $42.3 million.
“In Australia, we completed several major capital projects, including the Boort olive mill expansion, positioning the business to handle increased volumes from our maturing groves and third‑party growers,” joint-CEOs Sam Beaton and Leandro Ravetti told shareholders.
“Meanwhile, we accelerated our USA growth strategy – increasing branded sales, planting more groves, acquiring more land and progressing bottling and warehousing infrastructure upgrades to  support future growth.
“With continued strong demand for CBO’s branded products, and increasing production capacity, the company is well‑positioned for future growth in both core markets.”
They said Cobram Estate was continuing to expand its network of long‑term contracted third‑party growers in Australia. 
“Under these contract arrangements, CBO receives olives for milling and markets the resulting olive oil. As at June 30, 2025, the company had 2000 hectares of third‑party Australian groves under contract including 1,000 hectares expected to be planted in 2026-207.
“The recently upgraded Boort olive mill has sufficient capacity to meet the milling requirements of both company‑owned and third‑party groves.”
The board said it remained highly optimistic about the future of the company and was committed to driving sustainable growth and delivering long‑term value for shareholders.
“As our groves in both Australia and California mature, we anticipate a meaningful uplift in olive oil production over the coming years. With trusted brands and continued momentum in our USA operations, the company is well‑positioned for future success.”
The company’s Boort grove now has 1.25 million trees.
It reported total available cash and undrawn debt facilities of $41.5 million  at 30 June compared with $42.8 million last year. ”Cashflow from operations is expected to remain strong, driven by the maturing grove profile from CBO owned olive groves both in Australia and the USA.
Cobram Estate has declared an annual dividend of 3.3 cents a share to be distributed in November.