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Mar 7 2023, 14:05 GMT
Dole plc
FY22 results – resilient performance and outlook
DAVY VIEW
Dole’s full-year results were in line with its guidance and c.2% ahead of our forecasts, supported by a robust fourth-quarter performance in the Fresh Fruit segment. The FY23 outlook highlights signs of improving supply chains and moderating inflation, while remaining cognisant of external events (weather) and impacts from the recent cybersecurity attack. FY23 adjusted EBITDA guidance of $350m (excluding Fresh Vegetables) compares with our forecast of c.$357m.
