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3 Sep 2012 08:31

Fyffes reports rising sales as banana prices rise

Fruit importer Fyffes has lifted its full-year forecasts after successfully increasing banana and pineapples sales. Total revenue, including the group's share of its joint ventures, was €92m higher (20.0%) year-on-year in the first half, amounting to €550.1m. Profit before tax came in at €22.4m

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10 May 2012 13:58

Small caps round-up: Tasty, Sceptre Leisure, Adventis...

Aptly named restaurant group Tasty has agreed a 2.5m-pound three-year revolving bank facility which will allow it to continue the expansion of its restaurant estate. Shares in gaming firm Sceptre Leisure plunged over 50% as it announced plans to cancel its listing on AIM, saying the share price do

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12 May 2011 17:13

Appealing results from Fyffes

Fresh fruit and flower importer Fyffes has announced it is increasing its target profit range for 2011 after recording a positive start to the year. The firm said it had pushed up its target earnings before interest, tax, depreciation and amortisation (EBITDA) range for the year to €20m-€24m, from

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2 Mar 2011 08:07

Fyffes profit flat after tough

Fruit importer Fyffes revealed flat full year profit as it grappled with 'exceptionally difficult trading conditions.' "In the context of the exceptionally difficult trading conditions which persisted in the banana category for much of the first half of the year, this result represents a very satis

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27 Jan 2011 07:58

Fyffes acquires 33.3% of German distributor

Dublin based fruit distributor Fyffes said it has acquired 33.3% of German fresh produce distributor Fruchtimport vanWylick. "VanWylick is one of the leading fresh produce companies in the German market with sales in excess of €200m. It has a network of banana ripening and distribution centres acro

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20 Dec 2010 15:48

Aggreko non-exec opens wallet

Ken Hanna, a non-executive director at Aggreko since October, has opened his account with the temporary power and temperature control specialist, taking a big chunk of shares. He took 10,000 shares at 1,500p a go, spending a total of £150,000. The purchase was announced on the same day Aggreko sai

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3 Sep 2010 16:33

London close: US jobs data buoys Footsie

Footsie was buoyant as trading closed for the weekend following some well-received US jobs data. The number of Americans who lost their jobs in August was 54,000 compared with predictions of over 100,000. The payrolls count in both the previous two months was also revised higher, exciting another

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3 Sep 2010 14:13

London afternoon: Footsie hits 4-month peak

Dealing rooms across the City strapped on their buying boots ahead of the weekend following a much smaller than expected fall in US nonfarm payrolls. The number of Americans who lost their jobs in August was 54,000 compared with predictions of over 100,000. The payrolls count in both the previous t

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3 Sep 2010 12:16

London midday: Traders play 'spot the bid target'

Footsie finished the morning not far off its high for the day, marginally above the 5,400 mark. It was a quiet morning for hard news, however, so traders entertained themselves with some good old fashioned bid speculation. Temporary power solutions provider Aggreko is the top performer on whispers

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3 Sep 2010 09:02

London open: More gains for Footsie

Blue chips made progress early on for a sixth consecutive day, though all eyes will be on the US non-farm payrolls number at 1.30pm. US and Asian stocks made posted modest gains overnight. Autonomy is higher for a second day. Gossip doing the rounds yesterday was acquisition-hungry US software gian

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3 Sep 2010 07:43

Fyffes profits slip sharply

It's been a tough six months for banana importer Fyffes but conditions have "normalised" over the summer months and the group remains on target to meet forecasts, though profits are well down on last year. The company said five months ago that adjusted earnings before interest, tax and amortisation

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2 Sep 2010 16:46

Friday preview: British Airways, Fyffes, US payrolls

It's looking like a subdued end to a quiet week for results with the field left wide open for airline British Airways and banana importer Fyffes to garner all the attention, at least until US non-farm payrolls data is released in the afternoon. British Airways will announce its August traffic and c

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26 Apr 2010 17:11

Fyffes maintains EBITDA guidance

Bananas importer Fyffes says that it is still on target to meet its adjusted EBITDA projection range of €14m-€18m in 2010 even though banana selling prices have weakened. There is a big assumption in this projected range, though. It requires the implementation of the agreed reduction in EU banana

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5 Mar 2010 11:15

Cold snap to hit Fyffes profit

Shares in Fyffes fell back after the banana supplier lowered its profit expectations for 2010 after cold weather in the first two months of the year hit demand for fresh fruit. The Dublin-based company expects to report earnings before interest, tax and amortisation of €14m to €18m, compared with a

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26 Jun 2009 08:17

Price hikes boost Fyffes

Fruit supplier Fyffes said it expects to post higher profits than last year after lifting selling prices. The firm, most famous for bananas, is now targeting earnings of between €16m and €20m for 2009, compared with €15.3m last year. It had earlier indicated a target of €14m to €18m. While input c

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