Q1 2025 Financial Highlights - Revenue reached $2.1 billion, a decrease of 1% year-over-year[10,33] - Adjusted EBITDA was $105 million, a decrease of 5% year-over-year[10,33] - Adjusted Diluted EPS was $0.35, a decrease of 18% year-over-year[10,33] - Revenue increased by 4% on a Like-For-Like (LFL) basis[10,14] Segment Performance - Fresh Fruit revenue increased by 6.5% year-over-year to $878 million, but Adjusted EBITDA decreased by 8.8% to $63.3 million[35,37,39] - Diversified Fresh Produce – EMEA revenue increased by 4.5% year-over-year to $892 million, with Adjusted EBITDA increasing by 6.6% to $27.7 million[35,44] - Diversified Fresh Produce – Americas & ROW revenue decreased by 23.8% year-over-year to $363 million, with Adjusted EBITDA decreasing by 5.9% to $13.8 million[35,49] Capital Allocation and Outlook - Free Cash Flow from Continuing Operations was $(52.8) million[53] - Net Debt stood at $(742) million, with Net Leverage at 1.9x[54] - The company expects Adjusted EBITDA from Continuing Operations to be at least $380 million for FY'25[60]
Dole(DOLE) - 2025 Q1 - Earnings Call Presentation