Total Produce profits up 15 per cent in first half

Dividend raised by 10 per cent as US deal lifted revenue

30th August, 2016
Total Produce still on look-out for acquisitions

Fresh produce firm Total Produce has reported adjusted pre-tax profits of €34.9m for the first six months of this year, an increase of just over 15 per cent compared with the same period last year.

Total revenue climbed by 10.4 per cent to just over €1.9 billion and adjusted earnings before interest, tax, depreciation and amortisation were up 13 per cent to €48.2m. A 10 per cent higher interim dividend of 0.896 cent per share has been declared.

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