Fresh Del Monte Produce

OverviewSuggest Edit

Fresh Del Monte Produce Incorporated is a global producer, marketer, and distributor of fresh and fresh-cut fruit and vegetables. The Company markets its products worldwide under the DEL MONTE brand. It sources its fresh produce products (bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries, and kiwi) primarily from Central and South America, Africa, the Philippines, North America and Europe. The Company sources its prepared food products primarily from Africa, Europe, the Middle East and Asia. Its products are sourced from company-owned operations, through joint venture arrangements and through supply contracts with independent producers.

TypePublic
Founded1886
HQMiami, FL, US
Websitefreshdelmonte.com
Employee Ratings3.4
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2019)38,000(-6%)
Job Openings64
Revenue (FY, 2018)$4.5 B(+10%)
Share Price (Jun 2021)$35
Cybersecurity ratingBMore

Key People/Management at Fresh Del Monte Produce

Eduardo Bezerra

Eduardo Bezerra

Senior Vice President and Chief Financial Officer
Annunciata Cerioli

Annunciata Cerioli

Senior Vice President, North America Operations
Marlene Gordon

Marlene Gordon

SVP, Chief Administrative Officer
Jorge Pelaez

Jorge Pelaez

Vice President, CECAB (Colombia, Ecuador, Central America and Brazil)
Gianpaolo Renino

Gianpaolo Renino

Vice President, Europe and Africa
Sergio Mancilla

Sergio Mancilla

Vice President, South America
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Fresh Del Monte Produce Office Locations

Fresh Del Monte Produce has offices in Miami, Auburn, Aurora, Bloomfield and in 58 other locations
Boucherville, CA
1570 Rue Ampère #501
Oshawa, CA
940 Thornton Rd S
Vitacura, CL
Sta María 6330
Medellín, CO
Cl. 7 Sur ##42 - 70
San José, CR
Calle Costa Rica
Guayaquil, EC
Av. Samborondón 1
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Fresh Del Monte Produce Financials and Metrics

Fresh Del Monte Produce Revenue

Fresh Del Monte Produce's revenue was reported to be $4.49 b in FY, 2018
USD

Revenue (Q1, 2021)

1.1b

Gross profit (Q1, 2021)

105.0m

Gross profit margin (Q1, 2021), %

9.6%

Net income (Q1, 2021)

41.4m

EBIT (Q1, 2021)

59.7m

Market capitalization (4-Jun-2021)

1.7b

Closing stock price (4-Jun-2021)

35.0

Cash (2-Apr-2021)

26.4m

EV

2.3b
Fresh Del Monte Produce's current market capitalization is $1.7 b.
Annual
USDFY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.6b3.6b3.7b3.9b4.1b4.0b4.1b4.5b

Revenue growth, %

7%3%(1%)

Cost of goods sold

3.3b3.3b3.6b3.6b3.8b4.2b4.2b

Gross profit

272.4m319.5m364.8m461.4m331.6m279.8m
Quarterly
USDQ2, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q4, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2021

Revenue

1.0b974.0m1.0b795.2m897.9m957.6m788.8m3.4b918.8m1.0b861.1m3.7b982.3m1.1b884.6m1.1b936.1m1.0b1.1b950.2m1.0b1.1b952.7m1.1b1.3b1.1b1.2b1.2b1.1b1.1b

Cost of goods sold

917.0m851.2m936.8m732.3m785.5m841.2m714.4m3.1b820.2m918.0m808.1m3.4b875.6m1.0b810.7m1.0b852.8m877.4m943.2m831.4m933.3m1.0b894.4m999.6m1.2b1.0b1.1b1.1b995.5m983.3m

Gross profit

83.0m122.8m102.9m62.9m112.4m116.4m74.4m341.7m98.6m105.9m53.0m290.4m106.7m121.5m73.9m114.0m83.3m140.7m145.4m118.8m99.1m123.2m58.3m106.5m78.3m52.6m93.3m96.3m74.7m105.0m

Gross profit Margin, %

8%13%10%8%13%12%9%10%11%10%6%8%11%11%8%10%9%14%13%13%10%11%6%10%6%5%8%8%7%10%
Annual
USDFY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

62.2m92.5m144.6m225.6m119.2m(15.9m)69.3m

Depreciation and Amortization

78.7m73.5m74.1m79.3m79.9m100.5m97.9m

Inventories

31.1m(21.5m)8.2m(11.8m)(49.4m)(2.8m)8.1m

Accounts Payable

(8.4m)13.9m17.5m11.8m27.0m(53.3m)
USDQ2, 2011

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.5 x
Show all financial metrics

Fresh Del Monte Produce Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Fresh Del Monte Produce Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Fresh Del Monte Produce Online and Social Media Presence

Embed Graph

Fresh Del Monte Produce Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    F

    43/100

  • Compensation

    A

    80/100

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Fresh Del Monte Produce News and Updates

Global Crop Production Market outlook to 2025 | Industry Top Key Players – Dole Food, Fresh Del Monte Produce, Del Monte Pacific

Wiseguyreports.Com Adds “Crop Production - Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2025” To Its Research Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Fresh Fruits & Vegetables Global Market 2018: Key Players – Total Produce Plc., Calavo Growers Inc., Fresh Del Monte Produce Inc., Greenyard NV

Wiseguyreports.Com Adds “Fresh Fruits & Vegetables -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Fresh Del Monte Produce Blogs

AMID COVID-19 PANDEMIC, FRESH DEL MONTE PRODUCE ASSURES CUSTOMERS UNINTERRUPTED ACCESS TO HEALTHY FRUIT AND VEGETABLES

Media Contact: Andrea Beron Hoyos 305-520-8451 aberon@freshdelmonte.com   AMID COVID-19 PANDEMIC, FRESH DEL MONTE PRODUCE ASSURES CUSTOMERS UNINTERRUPTED ACCESS TO HEALTHY FRUIT AND VEGETABLES With its Vertically Integrated Supply Chain and Dedicated Workforce, Produce Leader Continues to Deliver Qu…
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Fresh Del Monte Produce Frequently Asked Questions

  • When was Fresh Del Monte Produce founded?

    Fresh Del Monte Produce was founded in 1886.

  • Who are Fresh Del Monte Produce key executives?

    Fresh Del Monte Produce's key executives are Eduardo Bezerra, Annunciata Cerioli and Marlene Gordon.

  • How many employees does Fresh Del Monte Produce have?

    Fresh Del Monte Produce has 38,000 employees.

  • Who are Fresh Del Monte Produce competitors?

    Competitors of Fresh Del Monte Produce include Chiquita Brands, Mission Produce and Greenyard.

  • Where are Fresh Del Monte Produce offices?

    Fresh Del Monte Produce has offices in Miami, Auburn, Aurora, Bloomfield and in 58 other locations.

  • How many offices does Fresh Del Monte Produce have?

    Fresh Del Monte Produce has 70 offices.