FDPFresh Del Monte Produce Inc.

$2B

Q1 2024 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$1.1B-1.8% YoY

Gross Profit

$80M7.2% margin

Operating Income

$29M2.6% margin

Net Income

$26M2.4% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$6M

Stock-Based Comp.

$600,000

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.3B

Stockholders' Equity

$1.9B

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.1B	-1.8%
Gross Profit	$80M	$95M	-15.6%
Operating Income	$29M	$47M	-38.0%
Net Income	$26M	$39M	-33.1%

Revenue Segments

Fresh and Value-Added Products

$677M61%

Banana

$380M34%

Other Products and Services

$52M5%

Geographic Segments

North America

$655M61%

Europe

$209M20%

Asia

$107M10%

Middle East

$99M9%

FDP Q1 2024 Earnings — Fresh Del Monte Produce Inc. Revenue & Financial Results | Market Cap Arena