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Restructuring efforts help Chiquita swing to profit
date:May 09, 2013
Restructuring efforts helped Chiquita Brands International, Inc. swing to profit during the first quarter.

For the quarter ended March 31, the company had income of $2 million, equal to 5c per share on the common stock, which compared with a loss of $11 million during the same quarter of the previous year. Sales for the quarter were $774 million, down 2% from $793 million during the same quarter of the previous year.

We continue to execute against our previously announced restructuring plans a

12/23 20:07