Fruit company Fyffes has said it expects its full year earnings to be in line with previous expectations.
Adjusted earnings per share are expected to be in the 7.5 cent to 9.2 cent range, while earnings before interest, tax, depreciation and amortisation charges are in a target range of €36-42m.
In a brief trading statement today, the company said that it saw a ''significant step-up in profitability'' in the previous year and is focused on consolidating this higher earnings range.
It said it continues to pursue the necessary increases in selling prices in all markets to offset the impact of cost inflation, including higher fruit costs and adverse movements in exchange rates.
The company also said that it is ''actively'' reviewing a number of development opportunities in order to continue to grow the business and increase shareholder value.
