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Total Produce H1 sales 'resilient' despite Covid-19 pandemic
2nd Jul 2020 08:39
(Sharecast News) - Fresh produce business Total Produce said on Thursday that trading for the six months ended 30 June had been "satisfactory".
Total Produce said sales had been "resilient" considering the impact of Covid-19 and were now expected to be "broadly in line" with the first half of 2019.
The AIM-listed group also said that its "strong presence" in the global fresh produce industry, the diversity of its operations and products had enabled it to meet the challenges posed by the Covid-19 pandemic.
So much so that it now expects "satisfactory results" for 2020 as a whole - subject to uncertainties arising from the ongoing coronavirus crisis.
"Total Produce is in a strong financial position and continues to focus on the growth and expansion of the business," added the Irish group.
As of 0915 BST, Total Produce shares were up 4.48% at 106.05p.
Total Produce said sales had been "resilient" considering the impact of Covid-19 and were now expected to be "broadly in line" with the first half of 2019.
The AIM-listed group also said that its "strong presence" in the global fresh produce industry, the diversity of its operations and products had enabled it to meet the challenges posed by the Covid-19 pandemic.
So much so that it now expects "satisfactory results" for 2020 as a whole - subject to uncertainties arising from the ongoing coronavirus crisis.
"Total Produce is in a strong financial position and continues to focus on the growth and expansion of the business," added the Irish group.
As of 0915 BST, Total Produce shares were up 4.48% at 106.05p.