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Restructuring efforts help Chiquita swing to profit
date:May 09, 2013
nd strategy to focus on our core products, said Ed Lonergan, Chiquitas president and chief executive officer. We are pleased that our first-quarter results reflect the initial benefits from these strategic decisions and actions. The improvements overcame euro exchange rates that negatively impacted this quarter by $12 million after hedging, and we view these results as a clear sign of the progress we are making and a good first step toward achieving our long-term financial targets.

Performance

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