Fresh Del Monte widens loss on fruit, freight costs
date:Feb 20, 2014
s in Brazil in 2014 and adjusted our business model in Europe to better manage logistics as we encounter a decrease in consumption of fresh fruit and vegetables in certain markets due to economic factors.

For the year ended Dec. 27, 2013, the company reported a net loss of $36.8 million, which compared with net income of $145 million in fiscal 2012. Net loss for the quarter was $146 million, compared with a loss of $1.2 million during the same prior-year period.

But strategic moves during the
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07/21 01:34