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Fresh Del Monte Produce (FDP) investor relations material
Fresh Del Monte Produce Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Fiscal 2025 marked a strategic inflection point, focusing on core strengths, portfolio rationalization, and divesting non-core assets, resulting in margin expansion, a stronger balance sheet, and improved cash generation.
Court-approved acquisition of select Del Monte Foods assets, including global brand rights and key facilities, is expected to close in Q1 2026, aiming to reunite fresh and shelf-stable food under one platform.
Integration of acquired assets will be gradual, with a dedicated unit to ensure operational continuity and leverage global scale.
Net sales increased year-over-year, driven by improved product mix and contributions across all business segments, with gross margin expansion due to favorable mix and operational efficiencies.
The company completed the divestiture of Mann Packing in Q4 2025, impacting adjusted results.
Financial highlights
FY2025 net sales: $4.32 billion; adjusted net sales: $4.10 billion; adjusted EBITDA: $300 million.
FY2025 gross profit: $399 million; adjusted gross profit: $427 million; gross margin: 9.2%; adjusted gross margin: 10.4%.
FY2025 operating income: $137 million; adjusted operating income: $222 million.
FY2025 net income: $91 million; adjusted net income: $178 million; diluted EPS: $1.88; adjusted diluted EPS: $3.68.
Q4 2025 net sales: $1.02 billion; adjusted net sales: $968 million; Q4 adjusted EBITDA: $67 million.
Outlook and guidance
FY2026 net sales expected to increase 1%-2% year-over-year, driven by higher per unit selling prices.
Focus on high-margin products, integration of Del Monte Foods acquisition, and continued portfolio optimization.
Fresh and value-added segment gross margin guidance: 12%-14%; banana segment: 5%-6%; other products and services: 12%-13%.
SG&A expected at $210-$215 million, reflecting wage inflation and tech investments.
Guidance excludes Mann Packing and Del Monte Foods acquisition contributions.
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