Business
Del Monte Pacific: Sales up 4% to $537m, but net loss widened; turnaround initiatives underway
Del Monte Pacific: Sales up 4% to $537m, but net loss widened; turnaround initiatives underway

About this update from Del Monte Pacific Limited
Group sales rose 4% to $537m, led by DMPI's strong turnaround, but net loss widened to $34m due to US cost pressures. Gross margin improved sequentially, and asset sales plus cost initiatives are expected to reduce losses in FY2025. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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