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, US
Websitefreshdelmonte.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Dec 2019)38,000(-6%)
Job Openings49
Revenue (FY, 2018)$4.5 B(+10%)
Share Price (Sept 2020)$23.7
Cybersecurity ratingDMore

Key People/Management at Fresh Del Monte Produce

Danny Dumas

Danny Dumas

Senior Vice President, North America Sales, Marketing and Product Management
Jorge Pelaez

Jorge Pelaez

Vice President, CECAB (Colombia, Ecuador, Central America and Brazil)
Sergio Mancilla

Sergio Mancilla

Vice President, South America
Mohammad Abu-Ghazaleh

Mohammad Abu-Ghazaleh

Chairman and Chief Executive Officer
Youssef Zakharia

Youssef Zakharia

President and Chief Operating Officer
Show more

Fresh Del Monte Produce Office Locations

Fresh Del Monte Produce has offices in Miami, Auburn, Aurora, Bloomfield and in 56 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
Samborondón, EC
km 1, Av. Samborondón 5
Show all (68)

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

Net income (FY, 2019)

66.5m

EBIT (FY, 2019)

114.1m

Market capitalization (15-Sept-2020)

1.1b

Closing stock price (15-Sept-2020)

23.7

Cash (27-Dec-2019)

33.3m

EV

1.8b
Fresh Del Monte Produce's current market capitalization is $1.1 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, 2019

Revenue

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

Cost of goods sold

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

Gross profit

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

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%
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)
Quarterly
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

D

66/100

SecurityScorecard logo

Fresh Del Monte Produce Online and Social Media Presence

Embed Graph

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

General Crop Farming Market 2018 Global Analysis By Key Players – Indigo Agriculture, Monsanto, Dole Food, Chiquita, Fresh Del Monte Produce

Wiseguyreports.Com adds “General Crop Farming Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast 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

Del Monte Fresh Produce N.A., Inc. Introduces New Pineapple Tags Highlighting Ongoing Sustainability Efforts

Del Monte Fresh Produce N.A., Inc. Introduces New Pineapple Tags Highlighting Ongoing Sustainability Efforts Leading Distributor of Pineapples to Display Six Unique Sustainability Facts on the Product Tags  Coral Gables, FL (January 27, 2020) – Del Monte Fresh Produce N.A., Inc., one of North Americ…
Show more

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 Danny Dumas, Jorge Pelaez and Sergio Mancilla.

  • 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 Archer Daniels Midland, Direct Fresh and Ramsden International.

  • Where are Fresh Del Monte Produce offices?

    Fresh Del Monte Produce has offices in Miami, Auburn, Aurora, Bloomfield and in 56 other locations.

  • How many offices does Fresh Del Monte Produce have?

    Fresh Del Monte Produce has 68 offices.