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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

Cobram Estate Olives reported a weaker 1HFY26 result on earnings and profit, but held packaged goods sales broadly flat, grew its flagship Cobram Estate brand, and significantly strengthened its balance sheet ahead of the proposed California Olive Ranch (COR) acquisition.

The New South Wales government has invested $52 million to support the renewable manufacturing sector, including $20 million for Optimal Renewable Gas to convert agricultural organic waste from farms into a gas fuel at its Griffith Biohub.

Australian Vintage has flagged a stronger second half, saying it remains on track to deliver FY26 sales growth and free cash flow neutrality (excluding investments), despite a softer first half and break-even operating earnings.