Dole plc reported Q2 2025 financial performance with a 14.3% revenue increase to $2.4 billion, a 9.3% rise in adjusted EBITDA to $137.1 million, and a 13% increase in adjusted net income to $53.2 million. The company completed the sale of its Fresh Vegetables division for $140 million and revised its full-year guidance upward, targeting an adjusted EBITDA between $380 million and $390 million. Dole remains confident in its diversified business model and aims to explore development opportunities through internal and external investments.
Title: Dole PLC Reports Strong Q2 2025 Financial Performance; Completes Fresh Vegetables Sale
July 2, 2025 – Dole PLC (NYSE: DOLE) has reported its Q2 2025 financial results, showcasing a robust performance with a 14.3% increase in revenue to $2.4 billion, a 9.3% rise in adjusted EBITDA to $137.1 million, and a 13% increase in adjusted net income to $53.2 million [2]. The company also completed the sale of its Fresh Vegetables division to Arable Capital Partners for $140 million, a strategic move that allows Dole to concentrate on its core operations [2].
Dole's diversified business model continues to drive growth, with the Diversified Fresh Produce segments performing strongly. The EMEA segment reported a 15% increase in adjusted EBITDA, while the Americas segment delivered a 27% increase [3]. Despite challenges such as tropical storms and supply chain disruptions, Dole's operational efficiency and cost control measures have enabled it to maintain strong customer demand.
The company has revised its full-year guidance upward, targeting an adjusted EBITDA between $380 million and $390 million for 2025. This upward revision reflects Dole's confidence in its diversified business model and its ability to navigate global macroeconomic challenges [2].
Dole remains committed to exploring development opportunities through both internal and external investments. The company's strategic sale of the Fresh Vegetables division will allow it to allocate resources more effectively, potentially leading to further growth and innovation.
References:
[1] https://finance.yahoo.com/news/dole-plc-dole-q2-2025-132120632.html
[2] https://finance.yahoo.com/news/dole-plc-dole-q2-2025-070300002.html
[3] https://www.ainvest.com/news/dole-q2-2025-earnings-call-navigating-contradictions-fresh-vegetables-strategy-tariffs-supply-chain-challenges-2508/
Comments
No comments yet