Del Monte Fresh Produce expands organic fresh-cut fruit production in North America
Del Monte Fresh
Produce N.A. Inc. announced the expansion of its organic fresh-cut fruit production in North America, specifically in the U.S. and Canada. This expansion will allow Fresh Del Monte to continue growing its fresh-cut fruit and organic fresh-cut fruit businesses nationally, while diversifying its variety of produce SKUs.
For over 20 years, Fresh Del Monte has offered conventional fresh-cut fruit processing nationwide. The expansion to organic fresh-cut fruit production comes as a result of popular trends and rising demand for organic products. Fresh Del Monte strives to grow its business and elevate its existing operations to unprecedented new heights. Continuing to meet consumers’ desires and needs, the brand ensures its organic produce has consistent quality, freshness and reliability in its raw product.
Share this article
Share this article
CORAL GABLES, Fla., April 6, 2021 /PRNewswire/ Monte Fresh Produce N.A., Inc. ( Fresh Del Monte ) announces restructuring of the North America organization following the departure of former Senior Vice President, Annunciata (Nucci) Cerioli, effective March 22, 2021. The organization will now be led by Jesus Rodriguez, who will serve as Senior Vice President of Sales (North America); and Ziad Nabulsi, who will serve as Senior Vice President of Operations (North America); both reporting to Youssef Zakharia, President & Chief Operating Officer. In addition, Dave Russell, Vice President, Sales (North America) announced his retirement. Dave will remain with Fresh Del Monte through the end of this year working on various strategic initiatives in North America. Over the coming weeks, Dave will work closely with Jesus to ensure a smooth transition of sales activities.
Del Monte Fresh Produce N A , Inc Restructures Multiple Divisions And Names New Vice Presidents streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Published March 11, 2021, 5:05 PM
Del Monte Pacific Limited reported a net profit of $48.8 million for the first nine months of its fiscal year ending in April 2021, significantly reversing a net loss of $69.0 million in the prior year.
In a disclosure to the Philippine Stock Exchange, the firm said it generated sales of $1.7 billion, 12 percent better versus prior year period.
Del Monte Foods Inc., the Group’s US subsidiary, delivered 12 percent higher sales of US$1.2 billion accounting for 69 percent of Group sales. The Philippines also increased sales by 17 percent.
The Group achieved close to a 3-fold increase in EBITDA to $235.8 million from $86.3 million and generated a DMFI’s asset-light strategy and other cost saving initiatives yielded about US$34 million to $35 million savings in the first nine months of this year.