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.

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Mission Produce Inc

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Post by abolduc3106on Aug 11, 2014 9:28am

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Post# 22827483

Cash Flow Improving

Even considering the additional expenditures (R&D, Sales & Marketing) and the increased FX lossses everyone was so focused on last week, net cash flow from operations (p.28 of the latest MD&A) was $5.658M for Q2 2014, up from a cash flow deficiency of $9.474M in Q1.

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