Get the app today! Download iPhone App Download Android App

Avocado Boost Helps Lift Fresh Del Monte's Second-Quarter Sales

Published on Aug 1 2018 2:59 PM in Fresh Produce tagged: Trending Posts / avocado / Del Monte / Fresh Del Monte / Paywall / Banana

Avocado Boost Helps Lift Fresh Del Monte's Second-Quarter Sales

Fresh Del Monte Produce has posted an 11% increase in sales, to $1.27 billion, in the second quarter of 2018, driven by strong growth in avocado sales.

Net sales of avocados rose by 11%, to $95 million, compared to the previous year, with volume rising by 43% and pricing declining by 22%. Sales were also boosted by the acquisition of Mann Packaging, a North American-based grower, in February, the company said.

However, the group said that net sales in its banana division were down to $458 million, from $499.5 million last year, with volume down 6% on the previous year.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email