The international fresh produce company posted net sales of US$4.32bn in 2025, driven by higher selling prices and favourable exchange rates
Fresh Del Monte Produce has revealed its results for the full-year ended 26 December 2025, noting an increase in net sales but an overall drop in net income.
For full fiscal 2025, net sales were US$4.32bn, up from the US$4.28bn reported in the corresponding period of 2024.
The increase was driven by higher net sales across all of the company’s business segments, Del Monte said, primarily due to higher per-unit selling prices in the fresh and value-added products and banana business segments, including the effects of tariff-related price adjustments in North America and the favourable impact of fluctuations in exchange rates, primarily related to the euro and British pound.
The increase was partially offset by lower sales volume in the fresh-cut vegetable product line following strategic operational actions taken in 2024, including the sale of certain assets of Fresh Leaf Farms.
Gross profit was US$399.1mn, higher than the previous year thanks to greater net sales in the fresh and value-added products business segment.
Fresh Del Monte’s operating income was US$137.4mn, down from US$196.3mn in 2024, driven by higher asset impairment charges related to low-productivity banana farms in the Philippines, as well as charges associated with the divestiture of Mann Packing, and a lower gain on disposal of property, plant and equipment.
Net income attributable to the company was US$90.7mn for the year, sliding from US$142.2mn in 2024.
“Fiscal 2025 reflected solid execution across the business, supported by pricing discipline, continued demand for our core categories, and a strong focus on cash flow,” said Mohammad Abu-Ghazaleh, Fresh Del Monte’s chairman and CEO.
“We closed the year with improved financial flexibility, reduced debt, and continued investment in our operations to support long-term performance.
“As we move into 2026, we remain focused on disciplined decision-making and thoughtful capital allocation as we evaluate opportunities ahead,” he added.
Click here for a full breakdown of Fresh Del Monte’s fourth quarter and full-year results
