Fresh Del Monte Produce Inc. reported a strong second quarter in 2025, with net sales increasing by 4% to $1,182.5 million and gross profit rising by 6% to $120.1 million. The growth was primarily fueled by higher per unit selling prices and favorable exchange rates in the fresh and value-added products and banana segments. Operating income also saw a slight increase to $68.3 million, and net income attributable to Fresh Del Monte Produce Inc. grew to $56.8 million.
Net sales for Q2 2025 increased by 4% year-over-year, reaching $1,182.5 million, driven by higher selling prices and favorable exchange rates.
Gross profit rose by 6% to $120.1 million, with gross margin expanding to 10.2%, primarily due to strong performance in specialty pineapple varieties and fresh-cut fruit offerings.
Operating income slightly increased to $68.3 million, and net income attributable to Fresh Del Monte Produce Inc. was $56.8 million.
The company maintained a strong balance sheet, reducing long-term debt by 29% to $201.0 million and generating robust cash flow from operations.
Fresh Del Monte's forward guidance emphasizes continued focus on high-margin, value-added products, operational streamlining, and leveraging technology to manage costs and meet evolving customer demands. The company aims to strengthen its leadership in key product categories and maintain a prudent capital structure.
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