Fresh Del Monte Produce Inc. Reports Second Quarter 2016 Financial Results

Gross profit for the second quarter of 2016 was $145.4 million, compared with $114.0 million in the second quarter of 2015. The $31.4 million increase in gross profit...

August 2, 2016

1 minute read

Gross profit for the second quarter of 2016 was $145.4 million, compared with $114.0 million in the second quarter of 2015. The $31.4 million increase in gross profit was attributable to higher gross profit in all of the Company’s business segments, principally due to higher selling prices in the Company’s other fresh produce and banana business segments, along with lower transportation and banana production and procurement costs.

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