Business
ASX 200 drops 0.2%, Costa soars, BOQ is buying ME Bank on Monday 22 February 2021
The S&P/ASX 200 Index (ASX: XJO) fell by around 0.2% to 6,781 points.
Here are some of the highlights from the ASX today:
Costa Group Holdings Ltd (ASX: CGC)
The Costa share price was the star performer in the ASX 200 today, rising by around 12%.
It reported its result for the full year ending 27 December 2020.
Costa revealed that its revenue increased by 11.2% to $1.2 billion. Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) rose 47.2% to $144.8 million and underlying net profit grew 108.4% to $59.4 million.
The horticultural business said that it has recovered from drought challenges. The international segment performance was well up on the previous year. There was a sustained Australian category…
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