Total Produce continues to eye acquisition opportunities

Friday 23 May 2014 11.58
Total Produce confirms earnings targets
Total Produce confirms earnings targets

Fresh produce company Total Produce has confirmed that its previously-announced target adjusted earnings per share in the range of 8.40 to 9.40 cent remains unchanged.

In a very brief stock exchange announcement, the company said it was continuing to actively pursue acquisition opportunities to further expand both in Europe and North America.

Total Produce in March had reported higher profits and revenues for 2013 on the back of its successful acquisitions over the last number of years.

Total's revenue for the year rose by 13% to €3.2 billion while adjusted pre-tax profits increased by 12.5% to €52.9m. 

Keywords: total produce