Dole sees FY25 adj. EBITDA at the upper end of targeted range of $380M-$390M

The company said, “We are pleased that our broadly based business model has delivered year-on-year Adjusted EBITDA growth for the first nine months. The momentum within our overall business gives us confidence that our full year Adjusted EBITDA should be at the upper end of our targeted range of $380M-$390M. For FY25 we are reducing our guidance for routine capital expenditure to approximately $85M, and we continue to expect full year interest expense to be approximately $67M.”