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Article: Fresh Del Monte Produce Announces Third Quarter 2009 Financial Results.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Fresh Del Monte Produce Inc. (NYSE:FDP) announced financial results for the third quarter ended September 25, 2009. Excluding asset impairment and other charges, (credits), net, the Company reported earnings per diluted share of $0.61 for the third quarter of 2009, compared with earnings per diluted share of $0.46 in the third quarter of 2008.
"We are pleased with the quarter's strength of earnings, in what is seasonally a weaker quarter," said Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer at Fresh Del Monte Produce. "Our solid performance is characterized by our team's ability to balance operational improvements and cost savings, while investing ...