Companies

Food group Dole trading up as it delivers higher revenues

Weakness in the North American business took away from stronger performances in its EMEA and fresh fruit divisions

Shares in Dole were up 3.4 per cent at $11.50 in premarket trading on the New York Stock Exchange

Shares in Dublin-headquartered Dole jumped on Thursday as it reported a strong fourth quarter, which contributed to an overall rise in revenues and earnings for 2023.

Profits at the leading fresh produce provider were $22.3 million, or 23 cents per share, in the final three months of the year, up from $6.8 million, or 7 cents a share, in the corresponding quarter of the previous year. Adjusted for specific one-time gains and costs, earnings amounted ...