Fresh Del Monte Produce Inc. at its AGM held on May 1, 2013 declared dividend of $0.125 per share for the fiscal year ended December 28, 2012 to registered members (shareholders) of the company on May 8, 2013 to be paid on May 31, 2013.

Fresh Del Monte Produce Inc. reported un-audited consolidated earnings results for the first quarter ended March 29, 2013. For the quarter, the company reported earnings per diluted share of $0.71 compared with earnings per diluted share of $1.08 in the first quarter of 2012. Net sales were $918.8 million, compared with $897.9 million in the prior year period. The increase in overall net sales for the quarter was driven by expanded sales in the company's other fresh produce business segment in North America and the Middle East, along with increased banana volume in the company's Middle East and North America regions. Operating income was $53.5 million, compared with $65.5 million in the prior year period. The decrease in operating income was primarily due to lower gross profit, partially offset by the absence of losses incurred on disposal of property, plant and equipment during the first quarter of 2012. Net income attributable to the company was $41.1 million, compared with $62.5 million in the first quarter of 2012. The decrease in net income for the quarter reflects lower operating income and higher provision for income taxes. The company reported income before income taxes of $51.3 million compared to $64.9 million, net cash provided by operating activities of $7.6 million compared to $37.1 million and capital expenditures of $32.8 million compared to $12.8 million for the last year.

Fresh Del Monte Produce Inc., Q1 2013 Earnings Call, Apr 30, 2013