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Webster Limited

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Market:
ASX
Market Cap:
$713.62 m
Price
1.97 AUD
Change
0.00%
52 weeks high
1.99
52 weeks low
1.16

In brief

Webster Limited (ASX:WBA) is a diversified food and agribusiness and is one of Australia’s oldest continually operating businesses.  In recent years Webster has undergone significant change to position itself to meet emerging market opportunities and to become a more efficient and profitable operation. The company’s two core operating divisions are: Webster Walnuts and Webster Fresh.

Webster also maintains a strong strategic position in the salmon industry through its 26% ownership of the salmon industry leader, Tassal Group Limited (ASX:TGR).  Webster Walnuts is Australia’s largest commercial walnut grower, currently owning or managing about 2,000ha in Tasmania and NSW as well as owning Australia’s only commercial walnut nursery.

Webster Fresh is a counter-seasonal producer and marketer of a range of vegetable products – primarily onions and carrots - for both the export and domestic markets. The Webster Field Fresh Tasmanian brand has a strong reputation in the competitive world market as a reliable producer and an industry leader in production and product safety.