Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Fyffes reports higher profits for 2014

Total revenues at the company were up by 0.8pc to €1.091bn. Group revenue, excluding Fyffes' share of its joint ventures, increased by 2pc to €853m in the year.

The company is proposing to pay a final dividend for 2014 of €1.673 cent per share, up 12.3pc on the previous year.

Earnings per share in 2014 amounted to €11.17 cent, up 26.6pc on the previous year.

The company suffered a major setback last year after its planned near $1bn merger with US banana distributor Chiquita was aborted.

The proposed combination, first unveiled in March, would have created a distributor of more than 160 million banana boxes a year.

Source: www.independent.ie
Publication date: