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Article: Chiquita Reports Significantly Improved Third Quarter 2009 Results.(Financial report)

Article from:
PR Newswire Europe
Article date:
October 27, 2009
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CINCINNATI, October 27 /PRNewswire/ --

- Sustains strong momentum with comparable Q3 2009 EPS of US$0.20; GAAP EPS of US$0.11

- Progress in salads to deliver full-year operating margin of seven to eight percent

- Expects significant improvement in full-year comparable net income

Chiquita Brands International, Inc. (NYSE: CQB) today released financial and operating results for the third quarter 2009. All figures in this press release are for continuing operations.

For the third quarter 2009, the company reported GAAP income of US$5 million, or US$0.11 per diluted share, on net sales of US$801 million versus a loss of US$7 ...

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