Revenue Growth and Strong Performance
Group revenue increased by 4.2% to $2.1 billion on a like-for-like basis. Diversified fresh produce segments performed well, offsetting challenges in fresh fruit.
Dividend Increase
The company increased its dividend by 6.25% to $0.085 per share, marking the first increase since 2021, reflecting confidence in long-term growth.
Successful Refinancing
Completed a $1.2 billion refinancing of a credit facility at favorable rates, providing enhanced financial flexibility.
Positive Performance in Diversified EMEA
Adjusted EBITDA in this segment increased by 9.4% on a like-for-like basis, despite FX headwinds, driven by strong performance in the UK, Spain, and the Netherlands.
Strong Start for Diversified Americas
Double-digit growth in EBITDA on a like-for-like basis, driven by strong performance in the North American market, particularly in kiwis, citrus, and avocados.