Dole Beats 2025 EBITDA Guidance with $395M, Plans $100M Buyback
Dole reported 2025 adjusted EBITDA of $395M, beating guidance, with EMEA EBITDA up 14% to $150M and Americas & RoW Q4 EBITDA up 32%. The company renewed a $1.2B credit facility, approved a $100M buyback and agreed to sell its Ecuador port for ~$75M, reducing leverage to 1.5x.
1. Strong 2025 Financial Results
Dole delivered full-year 2025 adjusted EBITDA of $395 million, exceeding its guidance, on revenue of $9.2 billion. Net income rose to $82 million despite non-operational charges, while adjusted free cash flow from continuing operations reached approximately $81 million.
2. Diversified Fresh Produce Segment Performance
The Diversified Fresh Produce segments powered growth, with EMEA EBITDA of $150 million (+14%) and Americas & RoW Q4 EBITDA up 32%. Fresh Fruit delivered $189 million in EBITDA despite elevated sourcing costs and weather disruptions in Honduras.
3. Portfolio and Capital Allocation Moves
Dole completed a $1.2 billion credit facility renewal and approved a $100 million share buyback, reducing leverage to 1.5x. The company sold its Fresh Vegetables unit for $140 million and agreed to divest its Ecuador port operations for roughly $75 million in net proceeds.
4. New Product Launch and Operational Updates
The company launched Colada Royale, a conventionally bred pineapple in Honduras awarded Best New Product in the fresh fruit category, and transitioned to full U.S. domestic filings. Rehabilitation of Honduran farms is on track to restore volumes and cost competitiveness by late 2026.