CORRECT: T&G Global first-half profit jumped 89% on sales from new, existing businesses

Fri, 05 Aug 2016

(Removes erroneous reference to dividend being paid - it was actually the final 2015 payment - and reference to Peruvian JV that didn't proceed) By Jonathan Underhill Aug. 5 (BusinessDesk) - T&G Global, the fruit marketer controlled by Germany's BayWa, posted an 89 percent gain in first-half profit driven by sales from new and existing businesses, and a one-time gain from the sale of its crate hire unit. Profit rose to $22.7 million, or 18.2 cents a share in the six months ended June 30, from $12 million, or 9.8 cents, a year earlier,...

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