Very satisfactory results for Total Produce

The interim results of Total Produce display good progression.

Total Produce has announced very satisfactory interim results. Ended June 30, 2013, the results show a rise in turnover by +18.8% to € 1.7 billion, increase in earnings before taxation by + 13.7% to € 28.2 million, rise in profit per share by +10.2% to 4.84 percent.

This good performance, said Carl McCann, the president of Total Produce, are the results of the strategy of international expansion.

Last January, the Group has expanded to the North American market with an agreement to acquire 65% of the Oppenheimer Group (35% initially and commitment to acquire additional participation of 30% in 2017).

source : total produce com