Thursday April 2, 2020

Tropical fruit helps give Fyffes a 6.4% revenue boost

Fruit distributor Fyffes saw profit before tax rise 1.1 per cent to €22.2 million as revenue, including joint ventures, rose 6.4 per cent to €585.4 million.

5th September, 2013
Tropical fruit is the key driver of growth for Fyffes.

Fruit distributor Fyffes saw profit before tax rise 1.1 per cent to €22.2 million as revenue, including joint ventures, rose 6.4 per cent to €585.4 million. The company's revenue excluding joint ventures was up 7.5 per cent to €476 million.

Sales were higher in each of the group’s product categories, as a result of further organic growth in bananas and melons, and price inflation in pineapples, the company said. Lower average pricing for melons, as well as exchange...

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