Dole plc

Healthy Q3 results; FY24 EBITDA guidance upgraded

  • Sectors : Foods
  • Companies : Dole plc

Ratings and price correct at time of issue.

  • Dole plc

    Closing Price: 1678c

  • RATING 24/08/21

  • PREVIOUS RATING N/A

DAVY VIEW

Dole’s adjusted EBITDA delivery remained healthy in Q3-24, driven in part by a strong performance in the Diversified Fresh Produce Americas and ROW segment. Given its strong year-to-date performance and positive Q4-24 outlook, management has further increased its FY24 adjusted EBITDA guidance range to “at least” $380m (previously: “at least” $370m). At first look, we envisage modest upside to our forecasts.

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Nov 13 2024, 12:32 GMT

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