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Fresh Del Monte Reaps Reward From Embracing 'Value-Added' Approach

Published on Jul 31 2019 8:19 AM in Fresh Produce tagged: Trending Posts / Fruit / vegetables / Bananas / Fresh Del Monte / Paywall / World News

Fresh Del Monte Reaps Reward From Embracing 'Value-Added' Approach

The chief executive of fresh produce giant Fresh Del Monte, Mohammad Abu-Ghazaleh, has said that the group is reaping the benefits from its focus towards more value-added products, as well as the ongoing diversification of the business.

Net sales for the group's first half were $2.393 billion (€2.15 billion), the group reported, up from $2.378 billion for the same half the previous year. Gross profit was $189.6 million, up from $184.8 million a year earlier.

Strategic Shift

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