Fyffes sticks to targets after solid first half

Canadian acquisition Highline performing in line with expectations

2nd September, 2016
Fyffes H1 profits up by 4.5 per cent

Fruit importer Fyffes has reported pre-tax profits of €35.6m for the first half of this year, up 4.5 per cent from €30.8m in the same period last year.

Total revenue rose by almost 15 per cent to €739.3m, and earnings before interest, tax, depreciation and amortisation (EBITDA) were 11.3 per cent higher at €44m. A 10 per cent higher interim dividend of 0.9032 cent has been declared.

"Highline has performed in line with our expectations for...

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