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Chiquita posts good results, but faces challenges ahead

Stored under Caption This!GamesMiscellaneousNewsRecipesRelated EBay AuctionsReviewsVideosVisual Stimulation on February 24, 2006

Chiquita has said that 2005 was a "terrific" year for the company, despite a $19m net loss in its fourth quarter resulting largely from the flooding of 1,600 hectares of the company's banana farms in Honduras.

The banana producer this week announced $3.9bn in net sales for the financial year ended December 31 2005, a 27 percent increase from last year's $3.1bn.

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