The international marketing magazine for fresh produce buyers in Europe
Carl Collen

BY CARL COLLEN

Monday 23rd November 2020, 09:10 London

Total Produce in positive trading update

Group says full-year results are on course to be ahead of 2019

Total Produce in positive trading update

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Total Produce has released an update confirming that that trading for the ten months ended 31 October remained positive, despite the backdrop of Covid-19.

According to the group, sales have continued to be resilient in its Wholesale and Retail sectors, offsetting reduced demand from Foodservice.

Sales, adjusted EBITDA and adjusted earnings per share are now expected to be slightly ahead of full year 2019, it noted.

"The group’s strong presence in the global fresh produce industry, the diversity of its operations and products, together with the exceptional response from our people, enables us to meet the challenges," Total Produce stated.

"The group is pleased to announce that it has been awarded the Origin Green Gold Standard, which recognises excellence in sustainability practices," it added.

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