date:Mar 03, 2014
ontinued headwinds from the consolidation of its Midwest salads plant, as well as challenges in the supply and pricing of raw products, including a banana surplus.
For the year ended Dec. 31, 2013, the company reported a net loss of $16 million, which compared with a loss of $405 million in fiscal 2012. Net sales for the year totaled $3,057 million, down from $3,078 million of the year before.
In 2013, Chiquita delivered our promised value-chain cost savings and productivity initiatives, said