date:Feb 20, 2013
Higher selling prices and increased global efficiencies drove a 55% increase in earnings at Fresh Del Monte Produce, Inc. during fiscal 2012. Net income in the year ended Dec. 28, 2012, was $143.2 million, equal to $2.47 per share on the common stock, which compared with income of $92.5 million, or $1.57 per share, during fiscal 2011. Sales for the year were $3,421.2 million, down 5% from $3,589.7 million.
The Banana segment had a gross profit of $89.7 million during the year, up 2% from $88.3