Comment - Slip-ups but no surprises in Fyffes’ results

There’s lots of scope for dubious puns about banana skins and melons when writing about Fyffes’ results, which were released on Friday.

24th March, 2007

Overall, the earnings per share figure of 5.7c for both Fyffes and its spin-off Total Produce was roughly in line with expectations.

Management guided things substantially downward for 2007 indicating earnings of €20 million which is around 10 per cent below market forecasts. The problem is the impact of changes to the European wholesale banana regime and, while its negative impact was anticipated, it hit Fyffes to the tune of €40.9 million last year.

Aside from the...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago