| Total Produce Profits |
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| Written by Frank Corr | |||
| Friday, 03 September 2010 06:34 | |||
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Total Produce, a major supplier of fruit and vegetables to the catering industry, has reported pre-tax profits of €21.7m for the six months to the end of June, a 5.5% increase on the same time last year. Revenues were up 1.7% to €1.33 billion. The company said that after a slow start to the year due to the unusually cold weather throughout Europe, demand for its produce recovered. The company also benefited from favourable currency movements. The group said its fresh produce division saw a strong performance despite the difficult weather conditions at the start of the year with some geographic areas performing better than others.
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