Ginger and macadamia grower Buderim Ginger Ltd (ASX: BUG) said on Friday that its trading results for the first half of the current year would be a notch higher from earnings registered on the previous corresponding period last year.

The agribusiness operator said that unaudited accounts have so far shown jumps in earnings before interest, tax, depreciation and amortisation (EBITDA) of $434,000 last year to more than $1.3 million in 2010, which is wholly anchored on an unchanged base of up to $40 million plus.

Buderim chair Stephen Maitland noted that the company's year-on-year growth was further buttressed by solid improvements seen on its baking and macadamia units, which he said sorely retreated on their performances last year.

Mr Maitland admitted that Buderim currently faces unstable economic conditions on its major export markets which is compounded by the effects of an unusually strong Australian dollar, all factors he admitted were challenges that the company needs to hurdle.

In addition to that, the company is anticipating the negative impacts of the receding supply of its Australian ginger produced this year plus the worsening drought being experienced in Hawaii, where Buderim maintains its primary macadamia orchard.

However, Mr Maitland is putting aside all these challenges as he expressed confidence that the group would be able to improve on its full year EBITDA projections of $0.8 million in 2009 going to an estimated $5 million by the rest of this year.

He clarified though that the current projections are still exclusive of "any of the upside from the property sales and other initiatives from our recently announced strategic review," from which review Buderim is bent to divest part of its land interests in Queensland.