Total Produce growing in confidence

Total Produce has emphasised its confidence for a strong annual performance by saying it expects to see full-year earnings come in at “the top end” of its previously guided range of 10.50c to 11.50c per share.

Last year, the Dublin-based fruit distribution company — the former general produce arm of Fyffes — generated basic earnings per share of 9.07c and adjusted fully diluted earnings per share of 10.58c.

In a trading update, in May, management said it expected to see full-year earnings land in “the upper half” of its guidance.