Slide 1: Q4 and FY 2025 Earnings Presentation
Fresh Del Monte Produce Inc. Q4 and FY 2025 Earnings Presentation February 18, 2026 0
Slide 2: Meet Our Speakers
Meet Our Speakers Mohammad Monica Abu-Ghazaleh Vicente Chairman & CEO Chief Financial Officer 1
Slide 3: Forward-Looking Statement
Forward-Looking Statement This presentation and the related earnings call contain certain forward-looking statements regarding the intent, beliefs or current expectations of the Company. These statements include statements that are preceded by, followed by or include the words “believes”, “expects”,
Slide 4: Agenda
Agenda • CEO Comments • Q4 & Full Year Financial Performance • 2026 Outlook • Q&A 3
Slide 5: CEO Business Highlights
CEO Business Highlights • FY25 represented a strategic inflection point, with a sharpened focus on core strengths and disciplined execution • Portfolio rationalization and financial discipline strengthened the balance sheet, expanded margins, and improved cash generation • Court approval received fo
Slide 6: Q4 & FY 2025 Financial Results
Q4 & FY 2025 Financial Results Q4 & FY 2024 Financial Results 5
Slide 7: Q4 2025 Financial Results
Q4 2025 Financial Results Adj. Operating Income* Net Sales • Higher net sales in other products and services and banana business segments. $48M $1.02B • Lower sales volume in the fresh-cut vegetable product line. Adj. FDP Net Income* Adj. Net Sales* $968M $33M • Higher per-unit selling prices. Adj.
Slide 8: FY 2025 Financial Results
FY 2025 Financial Results Adj. Operating Income* Net Sales • Higher net sales across all business segments. • Higher per-unit selling prices in the fresh and value-added $222M and banana business segments. $4.32B • Lower sales volume in the fresh-cut vegetable product Adj. FDP Net Income* line. Adj.
Slide 9: Fresh and Value-Added Products
Fresh and Value-Added Products Net Sales: Net Sales: $2.62B • Higher per-unit selling prices in the pineapple product line. • Higher per-unit selling prices and sales volume in the fresh-cut fruit product line. • Lower net sales in the fresh and fresh-cut vegetable product lines. Adjusted Net Sales*
Slide 10: Banana
Banana Net Sales: Net Sales: $1.49B • Higher per-unit selling prices in North America and Europe. • Improved sales volume in the Middle East. • Lower sales volume in Asia. Gross Profit: Gross Profit: $71M / Gross Margin: 4.8% • Higher per-unit production and procurement costs, and higher distributio
Slide 11: Other Products & Services
Other Products & Services Net Sales: Net Sales: $210M • Higher net sales in the third-party freight business and specialty ingredients business. • Lower net sales in the poultry and meats business. Gross Profit: $29M / Gross Profit Margin: 13.7% Gross Profit: • Driven by higher net sales. 10
Slide 12: Selected Financial Data
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Slide 13: FY 2025 Selected Financial Results
FY 2025 Selected Financial Results Net Cash Provided by Operating Activities Capital Spending $245M $64M Long-Term Debt Dividend $173M Declared $0.30/share Adj. Leverage Ratio* Share Repurchase Program 0.44x 865,773 shares / $30M *Non-GAAP financial measure. Reconciliations and other information req
Slide 14: Financial Outlook For 2026
Financial Outlook For 2026 13
Slide 15: Q&A Key Challenges and Financial Outlook
Q &A Key Challenges and Financial Outlook 14
Slide 16: Appendix: Non-GAAP Reconciliations
Appendix Non-GAAP Reconciliations 15
Slide 17: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures Full Year 2025 The Company's results are determined in accordance with U.S. generally accepted accounting principles (GAAP). Certain information presented reflects adjustments to GAAP measures that are refer
Slide 18: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures 17
Slide 19: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures 18
Slide 20: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures 19
Slide 21: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures 20
Slide 22: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures 21
Slide 23: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures 22
Slide 24: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures
Slide 25: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures
Slide 26: Reconciliations of Non-GAAP Financial Measures
Fresh Del Monte Produce Inc. and Subsidiaries Reconciliations of Non-GAAP Financial Measures