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Mission Produce Inc T.AVO


Primary Symbol: AVO

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

Comment by abolduc3106on Nov 04, 2015 10:09am
123 Views
Post# 24257267

RE:Enterprise Sales

RE:Enterprise SalesThe other thing to consider is that the company now has plenty of excess capacity they can use to go after even more of these deals.

With the new plant on line and the current run rate of $380M, their capacity utilization is 38%, giving them a guge 62% buffer to grow into.

Realistically, they won't get to 100% of current capacity though. 80-90% is usually the norm because of maintenance, retooling, etc., so I expect they'll be talking about expanding again within 2 or three years if they keep up with their plans.

And that's not taking those big Federal government, Holy Grail, contracts they'll eventually grow into under consideration.
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