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Fresh Del Monte Produce

 
Hoover's Profile: Fresh Del Monte Produce Inc.
(NYSE:FDP)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Fresh Del Monte Produce Inc.
Walker House, 87 Mary St.
George Town, Grand Cayman KY1-9002, Cayman Islands
Tel. 345-949-0100

Type: Public
On the web: http://www.freshdelmonte.com
Employees: 40,000
Employee growth: 14.3%

Fresh Del Monte Produce expects to be squeezed and sniffed. Although not related to Del Monte Foods, the company holds the license to use the name on the fresh fruits and vegetables that it grows, transports, and markets worldwide. In Europe, the Middle East and Africa, it holds the license on both fresh and canned products. The success of its Del Monte Gold Extra Sweet pineapples have made the company the world's largest pineapple producer, holding approximately 30% of the world market share. The firm is also one of the world's top banana producers, with some 14% of the world market share. Produce is grown on company-owned farms and purchased from contract growers worldwide.

Key numbers for fiscal year ending December, 2008:
Sales: $3,531.0M
One year growth: 4.9%
Net income: $157.7M
Income growth: (12.3%)

Officers:
Chairman and CEO: Mohammad Abu-Ghazaleh
President, COO, and Director: Hani El-Naffy
SVP and CFO: Richard Contreras

Competitors:
Chiquita Brands
Dole Food
Maui Land & Pineapple

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Wikipedia: Fresh Del Monte Produce
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Fresh Del Monte (NYSEFDP) is an American producer, marketer and distributor of fresh and prepared fruit and vegetables. It has its headquarters in Coral Gables, Florida.[1]

References

  1. ^ Walker, Elaine. "Machines to sell food that's good for you." Miami Herald. Saturday September 26, 2009. Retrieved on October 2, 2009.

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