Fresh Del Monte Produce Inc. (FDP) Q4 2024 Earnings Call Transcript

For the period ending December 31, 2024

February 24, 2025 11:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day, everyone, and welcome to Fresh Del Monte Produce’s Fourth Quarter and Full Fiscal Year 2024 Earnings Conference Call. Today's call is being broadcast live over the internet and is also being recorded for playback purposes. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

For opening remarks and introductions, I would like to turn today's call over to the Vice President, Investor Relations with Fresh Del Monte Produce, Ms. Christine Cannella. Please go ahead, Ms. Cannella.

Christine Cannella

Thank you, Luella. Good morning, everyone, and thank you for joining our fourth quarter and full fiscal year 2024 conference call. Joining me in today's discussion are Mr. Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer; and Ms. Monica Vicente, Senior Vice President and Chief Financial Officer.

I hope that you had a chance to review the press release that was issued earlier via Business Wire. You may also visit the company's IR website at investorrelations.freshdelmonte.com to access today's earnings materials and to register for future distributions. This conference call is being webcast live on our website, and will be available for replay after this call.

Please note that our press release and our call today include non-GAAP measures. Reconciliations of these non-GAAP financial measures are set forth in the press release and earnings presentation, which is available on our website. I would like to remind you that much of the information we will be speaking to today, including the answers we give in response to your questions, may include forward-looking statements within the Safe Harbor provisions of the federal securities laws.

In today's press release and in our SEC filings, we detail risks that may cause our future results to differ materially from these forward-looking statements. Our statements are as of today, February 24, 2024, and we have no obligation to update any forward-looking statements we may make. During the call, we will provide a business update along with an overview of our fourth quarter and full fiscal year 2024 financial results, followed by a question-and-answer session.

With that, I will turn today's call over to Mr. Mohammad Abu-Ghazaleh. Please go ahead.

Mohammad Abu-Ghazaleh

Thank you, Christine, and good morning, everyone. And thank you for joining us today. Let me take you through the highlights of our full year 2024 results.