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Financial results for three months ended March 31, 202

Dole plc sees revenue of $2.2 billion

Dole plc has today released its financial results for the three months ended March 31, 2022.

Highlights for Q1'22:

  • Revenue of $2.2 billion
  • Net Income of $3.3 million and Diluted EPS of $(0.01)
  • Adjusted EBITDA of $81.5 million
  • Adjusted Net Income1 of $28.2 million and Adjusted Diluted EPS of $0.30

Financial Highlights - Unaudited

Commenting on the results, Carl McCann, Executive Chairman said: “We are pleased with the result that the Group has delivered for the first quarter of 2022 particularly as we were impacted by the Value Added salads recall and foreign currency translation movements in the quarter. Our diversified business model has once more proven itself to be resilient. For the 2022 financial year, we are now targeting revenue in the range of $9.4 billion to $9.7 billion and Adjusted EBITDA in the range of $350.0 million to $370.0 million. The Board extends our appreciation to all of our talented and dedicated people across the Group."

To view the full press release, Click here.


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