Pre-tax profits on the up at fruit giant Fyffes
Fruit giant Fyffes reported a jump in pre-tax profits to €39.5 million last week, and announced a 15 per cent rise in its interim dividend.
“The pineapples category continues to exhibit profitability growth as yields and on-farm efficiencies continue to improve. In addition, the category, like bananas, saw strong pricing growth thanks to supply constraints arising from difficult weather conditions in key growing areas.”
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures