Download to read offline
Uploaded byfinance32
709 views
Dole1995 annual
The annual report summarizes Dole Food Company's operations and financial performance in 1995. Some key points: - Dole successfully separated its real estate and resorts business into a new publicly-traded company, Castle & Cooke, enhancing shareholder value. - Dole's food business saw revenue grow 14% to $3.8 billion in 1995. Operating income increased 40% to $193 million due to improved performance across banana, vegetable, and pineapple operations. - Dole expanded its value-added salad business in Europe and entered new joint ventures and acquisitions to grow in European markets. - Financially, Dole paid down over $700 million in debt,
