Fresh produce company Total Produce has said that trading for the first four months of the year has been satisfactory.

In a trading update issued ahead of its AGM, Total said it is increasing its full year adjusted earnings per share target into the upper half of the previously announced range between 9.20 cent to 10.20 cent. 

Total said that since the end of the year, the group has completed a deal to buy a 50% shareholding in the Gambles Group based in Toronto. 

Gambles is the fourth acquisition by Total Produce in North America since 2013.

"Total Produce is in a strong financial position and continues to pursue attractive acquisition opportunities to further expand the group," the company said in today's statement.