23rd May 2014 10:57
LONDON (Alliance News) - Total Produce PLC Friday said it is still targeting adjusted earnings per share for 2014 in the range of 8.40 euro cents and 9.4 cents.
That would compare with 8.77 cents on an adjusted fully diluted basis reported for 2013.
In a short statement Friday, the fresh produce distributor also said that it is still "actively pursue acquisition opportunities" to further expand the business in Europe and North America.
In March, Total Produce reported a double-digit rise in both revenues and profits for the year 2013, boosted by recent acquisitions, including its investment in Oppenheimer in North America, and increased its final dividend by 10% to 1.66 euro cents per share, resulting in a full-year dividend of 2.27 cents.
Total Produce shares were trading 0.9% lower at 86.70 pence per share Friday morning.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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