Total Produce in strong update

FRUIT distributor, Total Produce has reiterated its full-year earnings per share guidance of between 6.5c and 7.5c, for 2011.

In a short trading update, published yesterday, the company said that it is in a strong financial position and “continues to pursue attractive acquisition opportunities”.

Total Produce — the former general produce and distribution arm of fruit giant Fyffes — listed as a separate entity, on both the IEX (now the ESM) in Dublin and the AIM in London, four years ago.