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Total Produce Pushes Up Adjusted Earnings Forecast For 2016

25th May 2016 07:57

LONDON (Alliance News) - Fresh food producer Total Produce PLC on Wednesday raised its adjusted earnings forecast for 2016.

The company said trading in the first four months of 2016 was "satisfactory" and said it has hiked its full-year adjusted earnings per share target to the upper end of the previously announced 10.50 euro cents to 11.50 euro cents range.

The group said it is in a strong financial position and continues to pursue potential acquisition opportunities.

Shares in Total Produce were up 2.1% to 128.70 pence Wednesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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