Fresh Del Monte Produce Inc. Announces Fourth Quarter and Full Year 2014 Financial Results

Net sales for the year 2014 increased to $3,927.5 million, compared with $3,683.7 million in 2013. The increase in net sales for the full year was attributable to...

February 17, 2015

1 minute read

Net sales for the year 2014 increased to $3,927.5 million, compared with $3,683.7 million in 2013. The increase in net sales for the full year was attributable to higher sales volume in all of the Company’s business segments, increased selling prices in the Company’s banana and other fresh produce business segments, and favorable exchange rates. Net sales for the fourth quarter of 2014 increased to $929.3 million, compared with $879.9 million in the prior year’s fourth quarter. The increase in net sales for the fourth quarter of 2014 was due to increased selling prices in the Company’s other fresh produce business segment and increased selling prices and higher sales volume in its banana business segment.

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