Dole shares fall after revenue slips in second quarter
Fresh produce firm sees fall in net profit from continuing operations
Fresh produce firm sees fall in net profit from continuing operations
Dublin-based fruit and vegetable firm sees revenue top $2.1bn
Dublin-based firm had agreed $293m deal with Chiquita’s Fresh Express unit last year
Dublin-headquartered company formed New York-listed Dole in 2021, the largest fruit and veg supplier in the world
Irish-headquartered fresh produce distribution firm `very pleased with strong result’ in second quarter
Dublin-headquartered produce distributor ‘well-positioned for growth’, says executive chairman, Carl McCann
Executive chairman Carl McCann says company pleased with first-quarter results
Property company has paid €48 million to US investment firm, annual report indicates
Dublin-based group became the biggest fruit and vegetable supplier in the world last year
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Transport and labour costs exacerbated by weak international market for fresh veg
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Company forced to cut price range as it struggled to compete for investor attention
Total Produce slides 9.18% to €1.894 after more than 6.5m shares change hands
Price reduction comes as flurry of companies floating in US compete for investors
New company will be the world’s largest fresh fruit and vegetable supply business
Deal will see formation of the world’s biggest fresh fruit and vegetable supply business
Allocation of cash and shares to be decided ahead of planned IPO of world’s largest fruit and veg supplier
Proceeds of facilities to be used to refinance existing Total and Dole debt agreements
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Company reports rise in sales and ebitda but pre-tax profits decline 4% over the year
Company will keep Dublin headquarters for new company but delist in Dublin and London
Company reports strong retail demand as food service business diminishes amid restrictions
Fruit and veg provider reports total revenues up 40% thanks largely to investment in Dole
Irish fruit and vegetable provider issued a short trading statement on Friday
Irish fruit and vegetable producer acquired Dole Foods for $300m at beginning of 2018
Fruit and veg company has sold Saba Fresh Cuts to an Oslo-headquartered company
Divestment was condition of European Commission’s approval of Dole/Total Produce deal
Company says unusual weather impacted supply and demand and led to lower pricing
Total Produce has a 45% stake in the world’s largest fresh produce producer
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