Fresh Del Monte Q2 net income up 164% to $47.2M; EPS $0.99 vs $0.38; dividend raised to $0.15/share

FRESH DEL MONTE PRODUCE INC

2021-Q2 EPS reported $1.89 revenue$2,229,900,000

Net sales increased 5% to $1,141.6M; gross profit up 40% to $110M; gross margin expanded 240 bps to 9.6%.
Diluted EPS of $0.99 vs $0.38; adjusted EPS $0.98 vs $0.54; adjusted EBITDA $83.6M, up 32% YoY.
Quarterly cash dividend increased 50% to $0.15/share, payable Sept 10 to holders of record Aug 18.
Fresh and value-added segment sales up 6%, gross profit up 54%; banana gross profit up 20%, sales down 1%.
Total debt reduced to $473.5M from $542M at year-end 2020; operating cash flow $139.5M, up from $110.5M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.