Irish fresh produce group Fyffes has benefited from increased banana consumption during the recession, a spokesperson for the group told just-food.
Go deeper with GlobalData
“The banana product is reasonably recession resistant. People consume as many bananas, if not more, during a recession,” the spokesperson told just-food.
On Friday (4 September), the group posted a jump in first half earnings.
The company said that “better than expected” conditions in Continental Europe and higher selling prices had allowed it to avoid some of the worse effects of the recession.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
