FFY.L Regulatory News (FFY)

Stock Exchange Announcement

Fyffes increases its 2016 earnings targets following Highline acquisition

Fyffes is increasing its target earnings ranges for the full year 2016, as set out in the table below. Overall, the Group's existing business has performed in line with expectations in the year to date. The increase in the target ranges below includes the expected impact of the recent purchase of Canada's largest mushroom company, Highline Produce Limited, for the nine month period post acquisition. 

All figures exclude exceptional items and amortisation charges

Fyffes remains confident about its future prospects, including the performance of its new mushroom business, and continues to focus on its ongoing development with a view to increasing shareholder value. 

Fyffes plc

29 April 2016

For further information, please contact:

Brian Bell, Wilson Hartnell PR - Tel: +353 1 669 0030