Total Produce to pursue investment

TOTAL Produce has said it will continue to hunt out investment opportunities, even after an underwhelming performance in the first half of the year.

The Dublin and London-listed fruit distributor — the former general produce arm of Fyffes — yesterday reported a stagnant set of results for the first six months of the year, of which adjusted earnings per share of 4.2c marked the only significant increase, 2% higher than the corresponding period last year.

Pre-tax profit for the period was unchanged, on a year-on-year basis, at €21.7 million.