Fresh Del Monte reports Q3 EPS 17c vs. 69c last year

Reports Q3 revenue $1.003B vs.$1.053B last year. “We delivered solid results for the first nine months of 2023 driven by higher gross margins, strong adjusted EBITDA and adjusted earnings per share growth compared with the same period last year. We also continued to return shareholder value by reducing our debt, improving efficiencies and continuing to deliver innovation-led, new-to-market products,” said Mohammad Abu-Ghazaleh, Fresh Del Monte’s Chairman and CEO. “Our recently published annual sustainability report outlines the progress we’ve made on our goals in various areas including shrinkage and waste – goals reached through initiatives we believe will lead to sustainable growth.”