Chiquita sales climb
1st Nov 2005, 21:51 GMT
Chiquita Brands International, Inc. on Tuesday reported third quarter 2005 net income of $0.3 million or $0.01 per diluted share. The company had a net loss of $20 million, or $0.49 per diluted share, in the same period a year ago, including $20 million of other expense that was mostly the premium to refinance $250 million of senior notes. The company also reported operating income of $20 million in the third quarter, double the $10 million reported in the year-ago period, primarily due to the impact of the Fresh Express acquisition.
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