The chairman of fruit distributor Fyffes, Carl McCann, has told shareholders that its expectations for 2006 are in line with its most recent statements.
Earlier this month, shares in the company fell sharply after it warned that high oil prices would knock around €9m off its expected profits for this year.
The company said a recent increase in the cost of shipping fuel had been higher than expected and was not being recovered by charging higher prices.
Fyffes shares closed three cent higher at €1.44 in Dublin this evening.
