Fresh Del Monte Produce

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US meal-kit firm Purple Carrot acquired by Japanese grocer Oisix

22 May 2019

Purple Carrot, the US plant-based meal-kit firm, has been acquired by an overseas online grocer for an initial US$12.8m.

Earnings summary - Arca Continental's sales surge; Grupo Nutresa ahead on strong overseas sales; Profits sag at bread giant Bimbo; BRF books FY loss, back in red in Q4

23 Feb 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Fresh Del Monte to acquire Mann Packing Co. for $361m

6 Feb 2018

Fresh Del Monte Produce is to acquire Californian vegetable business Mann Packing Co. for US361m.

General Mills among companies committing to France investment

24 Jan 2018

US food giant General Mills plans to invest EUR17m (US$21) in a new production line at a plant making Häagen-Dazs ice cream in northern France. 

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Fresh Del Monte Produce reports slide in profits

1 Aug 2017

Fresh Del Monte Produce today (1 August) booked a fall in first-half profits, despite rising sales, amid pressure on banana prices and an increase in the cost of goods sold.

Fresh Del Monte, Del Monte Pacific strike chilled JV

28 Jun 2017

US-based Fresh Del Monte and Asia-based peer Del Monte Pacific have settled legal action between the two businesses and moved to form a joint venture to market chilled products in the retail sector.

Avocado costs eat into Fresh Del Monte profits

2 May 2017

Fresh Del Monte Produce today (2 May) reported a fall in first-quarter earnings - despite a drop in sales - amid higher costs within its avocado and non-tropical fruit businesses.

Fresh Del Monte 2016 earnings surge despite sales dip

21 Feb 2017

Fresh Del Monte Produce today (21 February) booked a jump in profits for 2016 on the back of lower costs and higher selling prices within its banana divsion. 

Fresh Del Monte launches vegetable noodles 

15 Feb 2017

Fresh Del Monte Produce is launching a line of vegetable noodles in North America. 

Fresh Del Monte expands Middle East foodservice business 

6 Feb 2017

Fresh Del Monte Produce is expanding its business in Saudi Arabia and the United Arab Emirates by increasing its presence in the foodservice space. 

Fresh Del Monte Produce to set up factory in France

17 Jan 2017

Fresh Del Monte Produce is to set up its first processing plant in France.

Fresh Del Monte books Q3 sales rise as 9M sales dip

1 Nov 2016

Fresh Del Monte Produce today (1 November) booked increased third quarter sales for 2016 over the year-ago period although sales for the nine months of the year to September were down.

Fresh Del Monte Produce president and COO Hani El-Naffy to step down

1 Sep 2016

Fresh Del Monte Produce said today (1 September) its president and COO Hani El-Naffy is to step down at the end of February.

Fresh Del Monte H1 profits up despite sales dip

2 Aug 2016

Fresh Del Monte Produce today (2 August) reported higher first-half profits despite a dip in sales, helped by lower banana and transport costs.

Fresh Del Monte Produce hails "great start" to 2016

3 May 2016

Fresh Del Monte Produce today (3 May) booked higher first-quarter earnings, despite only slight growth in sales, as the US group was boosted by lower transport and fruit costs.

Fresh Del Monte earnings slide on banana over-supply

23 Feb 2016

Fresh Del Monte Produce today (23 February) booked lower full-year earnings as losses sustained in the fourth quarter weighed on the US group's results. 

Fresh Del Monte Produce 9M profits slide but shares jump

27 Oct 2015

Fresh Del Monte Produce today (27 October) reported a slide in nine-month earnings but the US produce giant saw its shares jump in early trading.

Kraft Heinz Co., Hain Celestial pledge openness on water risk strategies

16 Oct 2015

Seven US food and drink companies including Hain Celestial, Hormel Foods, Kraft Heinz Co. and Pinnacle Foods have agreed to publicly reveal how they are assessing and managing the risk that water poses to global food supplies. 

Why investors are concerned about water risk management

27 Aug 2015

A group of 60 institutional investors has written to 15 food and drink companies urging improvement in how they manage and report on water risk in their own operations and in their supply chains. Ben Cooper reports.

Fresh Del Monte Produce H1 profits down

28 Jul 2015

Fresh Del Monte Produce emphasised its higher second-quarter earnings but the rise was not enough to prevent profits falling for the first half of 2015 as a whole.

Fresh Del Monte plans Philippines banana plantation

23 Jul 2015

Fresh Del Monte Produce has confirmed plans to establish a banana and pineapple plantation in the Philippines.

EU court raises Fresh Del Monte cartel fine

1 Jul 2015

The EU high court has hit Fresh Del Monte Produce Inc with fresh fines related to an alleged banana cartel with distributor Weichert in 2008.

Fresh Del Monte Produce targets food-to-go in Saudi Arabia

8 Jun 2015

Fresh Del Monte Produce has launched its Fresh Market retail concept in Saudi Arabia in a bid to tap into growing demand for healthy food-to-go options in the market.

Fresh Del Monte Produce profits slide

28 Apr 2015

US-based Fresh Del Monte Produce today (28 April) posted a fall in first-quarter earnings amid lower profits from its non-banana produce business.

Fresh Del Monte earnings surge after "outstanding" year

17 Feb 2015

Fresh Del Monte Produce booked a jump in earnings during 2014 - a year the US company termed "outstanding", with sales gains across all business segments and geographies.

Fresh Del Monte Produce sees earnings growth on volume improvement

28 Oct 2014

Rising volumes and higher selling prices in the third quarter contributed to a jump in nine-month earnings at Fresh Del Monte Produce.

Editor's viewpoint: Chiquita right to stand firm

20 Oct 2014

Chiquita Brands International still appears set on its proposed merger with Fyffes – and the US produce giant is, at the moment, right to do so.

US: Banana prices help drive Fresh Del Monte profits

29 Jul 2014

Fresh Del Monte Produce today (29 July) posted increased half-year earnings, as higher selling prices for bananas in the second quarter helped its profits.

US: Fresh Del Monte profits rise on sales, margins

29 Apr 2014

Fresh Del Monte Produce has booked a jump in profitability thanks to higher sales and improved margins in the first quarter.

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