Dole - the world's biggest fruit and vegetable supplier - has reported earnings for the third quarter down over a third on the same period last year.

The fall was primarily driven by weaker markets for fresh vegetable sales and inflationary pressures which contributed to higher production costs.

Earnings for the nine months to the year were up 12.6% to $337.7 million.

That was on revenue for the three quarters of $7.1 billion, an increase of 4.5% on the same period last year.

"Dole plc has delivered a strong performance for the first nine months of 2021 in the context of inflationary pressures across our North American and European markets during the third quarter," Carl McCann, Executive Chairman said.

"With industry wide supply chain congestion and labor shortages, our diversified business model has proven itself to be responsive and resilient. We are very pleased with the response of our divisions and people in the face of these challenges and are confident in our ability to meet our full year outlook."

The Dublin headquartered company was formed from the merger of Total Produce and Dole Food Company.

An initial public offering of shares in Dole plc in July raised net proceeds of $398.9 million.