Fyffes has seen its revenues rise by 8.7% to €644.3m in the first half of the year, with pre-tax profit up 9.3% to €33.9m.

The fruit distribution company said it had adapted quickly to market conditions during the period, particularly in relation to currencies, gaining from the translation of sterling and US dollar sales to euro.

The company also saw the volume of its banana sales rise, while a price rise in some other categories also boosted income.

Fyffes chairman said cash generation at the company had also been strong in the year-to-date, with the company moving from net debt of €11.7m in January to a net cash position of €18.6m by the end of June.

The company has maintained its full year target for earnings per share at 12.2-13.9 cent, while it has also increased its interim dividend by 15% on the back of its positive performance.