In the first quarter of 2025, Fresh Del Monte (FDP, Financial) reported revenues of $1.1 billion, a slight decline from the $1.11 billion achieved in the same period last year. The company experienced a robust demand that outstripped supply in its fresh and value-added products sector, reflecting its strong market position.
The company's gross profit saw a 12% year-over-year increase, and its gross margin improved to 8.4% from the previous 7.4%. This growth is attributed to the successful implementation of its fresh and value-added products strategy, focusing on disciplined execution, product mix optimization, and enhanced operational efficiencies.
Looking forward, Fresh Del Monte (FDP, Financial) is devoted to driving long-term value creation through innovation, sustainability, and operational excellence across its global operations.