Chiquita Reports Fourth Quarter and Full-Year 2006 Results.(Financial report)
PR Newswire Europe, February, 2007
CINCINNATI, February 22 /PRNewswire/ --
- Net Sales Increased 9% in Q4 on Higher Banana Volumes and Improved North American Banana Pricing and 15% for Full Year Reflecting Growth from Acquisition of Fresh Express
- Company Provides an Update on U.S. Department of Justice Investigation
Chiquita Brands International, Inc. (NYSE: CQB) today released financial and operating results for the fourth quarter and full-year 2006. Fourth quarter net sales increased by 9 percent year-over-year to US$1.1 billion, and the company reported a net loss of US$42 million, or (US$0.99) per diluted share, including a US$25 million accrual related to a potential settlement of a previously disclosed U.S. Department of Justice investigation. This compares to a net...
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