Fyffes grows revenue to €1bn

Fyffes has generated revenues of over €1bn for the first time in six years.

Fyffes grows revenue to €1bn

The Dublin-headquartered fruit importer yesterday reported total revenue — including its share in joint ventures — of just under €1.02bn for 2012; up by 19.7% on the €850m generated in 2011. It marks the first time sales have passed the €1bn mark since the group split from its general produce arm, Total Produce, in 2006.

Fyffes chairman David McCann said the 2012 performance was “very strong”, saying it was driven by continued organic growth, and also reflected “further operational efficiencies, particularly in logistics”.

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