Dole Food Company Inc. (DOLE) reported fiscal 2009 income from continuing operations before income taxes of $108 million compared to $99 million last year. Net revenues from continuing operations decreased to $6.78 billion from $7.62 billion last year.
The company also announced that it has launched amendments to its senior secured credit facilities that Dole expects will reduce its interest expense, extend its maturities and provide for the redemption of the remaining $70 million principal amount of its senior notes due 2011.
For comments and feedback: editorial@rttnews.com