Tuesday July 14, 2020

Fyffes raises 2015 earnings targets

19th June, 2015

Fruit importer Fyffes has significantly increased its earnings targets for 2015 after securing prices increases for bananas and pineapples in response to currency headwinds.

The company is now looking for earnings before interest, tax, depreciation and amortisation (EBITDA) in the €55 million to €61 million range compared to a range of €44 million to €50 million previously. Last year, the company reported EBITDA of €48.2 million.

The company, which had another strong performance in the recently-ended...

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