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United States

Del Monte Pacific Ltd (DMPL.PS)

DMPL.PS on Philippine Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Del Monte Pacific clarification/confirmation on the news articles
Friday, 24 Mar 2017 01:18am EDT 

Del Monte Pacific Ltd : Refer to letter, requesting for a clarification/confirmation on the news articles . Clarify that capital expenditure mentioned in the amount of u.s.$70 million refers to the capex of the group . Clarify that management expects the u.s. Business to recover in about 2-3 years, subject to execution of short term and medium term plans .Confirms that the U.S. Business accounts for approximately 80% of the group’s revenues.  Full Article

Del Monte Pacific to offer preference shares
Friday, 17 Mar 2017 05:34am EDT 

Del Monte Pacific Ltd : To offer, of up to 36 million perpetual, cumulative, non-voting, non-participating, non-convertible preference shares .Offer at a par value of U.S.$1.00 per preference share.  Full Article

Del Monte Pacific posts Q3 net income without one-off items of US$11.6 mln
Thursday, 9 Mar 2017 07:12pm EST 

Del Monte Pacific Ltd : Q3 net income without one-off items improved to US$11.6m from US$2.1m . Q3 revenue was slightly higher at US$604 million .Group is expected to generate higher profit in FY2017 than prior year on a recurring basis (without one-off items).  Full Article

Del Monte Pacific Ltd appoints David Meyers as interim CEO of DMFI
Tuesday, 10 Jan 2017 08:08pm EST 

Del Monte Pacific Ltd : David Meyers has been appointed as chief operating officer and interim chief executive officer of DMFI .Resignation of Nils Lommerin as director and CEO OF Del Monte Foods, Inc, DMPL’S unit in the US, effective 9 January 2017.  Full Article

Del Monte Pacific Ltd appoints David Meyers as interim CEO of DMFI
Tuesday, 10 Jan 2017 06:55pm EST 

Del Monte Pacific Ltd : David Meyers has been appointed as chief operating officer and interim chief executive officer of DMFI .Resignation of Nils Lommerin as director and CEO OF Del Monte Foods, Inc, DMPL’S unit in the US, effective 9 January 2017.  Full Article

Del Monte Pacific Ltd appoints david meyers as interim CEO of DMFI
Tuesday, 10 Jan 2017 04:19am EST 

Del Monte Pacific Limited : Nils Lommerin resigns as director and chief executive officer of Del Monte Foods, Inc .David Meyers has been appointed as chief operating officer and interim chief executive officer of DMFI.  Full Article

Del Monte Pacific appoints Paul Miller as CFO
Wednesday, 29 Jun 2016 07:32pm EDT 

Del Monte Pacific Ltd : Paul Miller, senior vice president - controller, has been appointed as senior vice president and CFO effective 28 June 2016 .  Full Article

Del Monte Pacific posts qtrly net profit US$19.2 million versus loss of US$4.2 million
Tuesday, 28 Jun 2016 09:37pm EDT 

Del Monte Pacific Ltd : Qtrly net profit US$19.2 million versus loss of US$4.2 million; qtrly turnover US$520.1 million versus US$535.0 million .  Full Article

Del Monte Pacific says US unit closing its vegetable operations
Tuesday, 10 May 2016 08:16pm EDT 

Del Monte Pacific Ltd : US unit closing its vegetable operations located in Turkey, North Carolina . Consolidation impacts approximately 230 full-time employees and 92 seasonal workers at the Turkey plant" . Dmfi expects to incur one-time costs but these will not materially impact the group's FY 2016 full year results .  Full Article

Del Monte Pacific says unit closing vegetable operations in Turkey, North Carolina
Tuesday, 10 May 2016 05:31am EDT 

Del Monte Pacific Ltd : Transfer of vegetable operations in Turkey, North Carolina) . Company's subsidiary in the United States, Del Monte Foods, Inc. is closing its vegetable operations located in Turkey, North Carolina . Dmfi expects to incur one-time costs but these will not materially impact the group's FY 2016 full year results . Consolidation impacts approximately 230 full-time employees and 92 seasonal workers at the Turkey plant .  Full Article

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