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Total Produce sticks to targets

Fruit and vegetable distributor Total Produce says it has left its outlook for its financial performance this year unchanged after the first four months of trading.

The group had said in March that it was targeting adjusted earnings per share of 5.5 to 6.5 cent, having taken the weaker economic climate and the effects of currency movements into account.

'Consumer demand is less certain and in view of the tougher economic climate, it is prudent to take a more cautious view of the prospects for 2009,' chairman Carl McCann said at that time.

Total Produce was spun off from tropical fruit importer Fyffes in 2007.