date:Mar 25, 2014
stratospheric 168%. Its operating income doesn't even cover interest expense. Chiquita Brands currently pays no dividend.
Bananas also represents 49% of Fresh Del Monte's sales. Fresh Del Monte fared better than Chiquita Brands with overall sales increasing 8% for 2013 with increased Banana volume serving as the main catalyst. However, increased expenses made a huge dent in Fresh Del Monte's gross profit and troubles in Europe resulted in an impairment of goodwill and other intangible asse