Total Produce

A fresh perspective

  • Sectors : Foods
  • Companies : Total Produce

Ratings and price correct at time of issue.

  • Total Produce

    Closing Price: 121c

  • RATING 14/05/10

  • PREVIOUS RATING 30/06/09



We believe the market is overlooking the value and growth opportunity of the Dole investment and the benefits afforded by the prudent deal structure. The agreed structure provides time to de-lever Dole on a measured basis prior to potential future consolidation, while a price protection mechanism supports investment value. Forthcoming FY 2019 results should showcase a strong recovery at Dole, underpinning a tenth consecutive year of adjusted EPS growth. Our sum-of-the-parts (SOTP) analysis shows material upside to the current share price.

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Feb 28 2020, 06:30 GMT