Fresh Del Monte reports Q4 net loss $11.2M; full-year EPS up 63% to $1.68

FRESH DEL MONTE PRODUCE INC

2021-FY EPS reported $1.68 revenue$4,252,000,000

Q4 net sales $1,017.3M (+2% YoY); full-year $4,252.0M (+1% YoY).
Q4 diluted EPS $(0.24) vs $0.02; full-year diluted EPS $1.68 vs $1.03.
Q4 adjusted EBITDA $14.8M (1.5% margin) vs $23.9M; full-year $206.8M (4.9% margin).
Board declared $0.15 quarterly dividend, payable April 1, 2022 to holders of record March 9, 2022.
Banana segment gross margin improved to 7.0% in FY2021 from 5.3% in FY2020.

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