Strong Revenue Growth
Group revenue increased 14.3% to $2.4 billion, with notable growth in Diversified Fresh Produce segments and Fresh Fruit.
Sale of Fresh Vegetable Division
Completed the sale of Fresh Vegetable division to Arable Capital Partners, enabling focus on core business activities.
Increased Adjusted EBITDA and Net Income
Adjusted EBITDA increased by 9.3% to $137 million, and adjusted net income rose to $53 million with a 12% growth in EPS.
Strong Performance in Key Segments
Diversified EMEA segment saw a 15% increase in adjusted EBITDA, driven by strong growth in Nordics, Ireland, U.K., Spain, and Netherlands.
Positive Outlook and Guidance
Full year adjusted EBITDA guidance increased to a range of $380 million to $390 million.