Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Packaged Foods

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.

NDAQ:AVO - Post by User

Mission Produce Inc

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Comment by abolduc3106on May 09, 2014 8:39am

181 Views

Post# 22542626

RE:RE:RE:Where is the GROWTH

The growth patern is intact. Anyone who thinks otherwise should look again.

See page 5: https://ir.avigilon.com/files/Q1%202014%20-%20AVO%20-%20Report%20-%20FINAL_v001_m0269w.pdf

Selected Quarterly Results (unaudited)
($ 000's except per share data)	2012			2013				2014
	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1
Revenue	24,350	25,508	32,650	32,027	39,217	51,157	55,943	55,750
Cost of Sales	12,690	12,542	16,352	15,678	18,473	24,006	23,456	23,953
Gross Margin	11,660	12,966	16,298	16,349	20,744	27,151	32,487	31,797
Expenses	9,911	9,492	11,949	12,222	16,463	16,190	23,938	23,216
Operating Income	1,749	3,474	4,349	4,127	4,281	10,961	8,549	8,581
Net Income	1,312	2,164	3,046	2,798	3,392	8,622	6,744	8,040
Basic income per share	0.04	0.07	0.09	0.07	0.09	0.22	0.16	0.19
Diluted income per share	0.04	0.06	0.08	0.07	0.08	0.21	0.16	0.18
EBITDA(1)	2,090	4,073	5,325	5,098	5,406	12,441	11,592	10,907
Total assets	43,365	76,338	86,971	90,557	98,278	108,677	188,939	196,311
Total liabilities	5,928	10,635	16,079	15,550	17,392	18,011	23,231	20,814
Shareholders’ equity	37,437	65,703	70,892	75,007	80,886	90,666	165,708	175,497

(1) EBITDA is not an IFRS financial measure. Please see the “EBITDA and Net Income” section for more information