Total Produce has unveiled pre-tax profits of €22 million (£17.9m) for the first half of 2008, a like-for-like rise of 14 per cent.
According to Irish press reports from the Irish Times and Finfacts, the firm posted a net income climb to €12.7m, or 3.61 cents a share, from €11.2m, or 3.18 cents, a year earlier.
Sales grew by 6.1 per cent to €1.29 billion, including joint ventures.
Total Produce invested €47m in takeovers and ventures last year, and this week completed its purchase of Dutch salad companies Haluco and Nedalpac.
Commenting on the results, Total Produce chairman Carl McCann said: “We are pleased to announce a satisfactory increase in earnings for the first half-year to 30 June 2008. Earnings have grown as a result of acquisitions and tight control over costs.”
No comments yet