Wholesale giant Total Produce has released a short statement saying that it is in a 'strong financial position', and revealing that it is still targeting 'attractive acquisition opportunities'.
The company confirmed that its previously announced target adjusted earnings per share of 6.5 cent to 7.5 cent remained unchanged.
In March, the Irish group announced that revenues for 2010 increased by seven per cent to €2.6 billion, thanks to a strong performance in the group's core fresh produce division, while profit before tax rose by 18.4 per cent to €33.6 million.
The company also reported a 5.7 per cent increase in adjusted earnings per share to 6.84 cent per share.
