importing, packaging, marketing and distribution of hundreds of lines 
  of fresh fruits, vegetables and flowers. This division is split into 
  four distinct reporting segments. 
 
  The performance in the period was satisfactory when benchmarked against 
  a very strong comparative period which also included the results 
  of Capespan Group Limited prior to its divestment on 23 April 2013 
  and the adverse translation impact of currency. On a like-for-like 
  basis, excluding the effect of divestments, acquisitions and currency 
  translation, total revenue of EUR1,528m was c. 2% lower with some 
  volume growth offset by average price decreases. The warmer weather 
  in Spring caused the domestic growing season to begin earlier leading 
  to greater production and over supply resulting in downward pressure 
  on prices particularly in some produce categories. Adjusted EBITA 
  decreased by 1.6% in the period to EUR29.3m (2013: EUR29.8m) due 
  to the effect of average price decreases, divestments and currency 
  translation partially offset by the contribution of acquisitions 
  completed in the second half of 2013. 
 
  Further information on each reporting segment follows. 
 
 
 Eurozone 
  Revenue in the Eurozone division decreased by 5.2% in the period 
  to EUR752m (2013: EUR793m) with a 14.4% decrease in adjusted EBITA 
  to EUR11.0m (2013: EUR12.8m). The decrease was due to less favourable 
  trading conditions particularly in Continental Europe with the warm 
  Spring leading to strong early season domestic volumes putting downward 
  pressure on prices. Excluding the effect of bolt on acquisitions, 
  revenue on a like-for-like basis was down c. 6% due to the decrease 
  in average prices offset by a marginal increase in volumes. 
 
 
 
   Northern Europe 
   Reported revenue in the Group's Northern European business decreased 
   by 4.7% to EUR451m (2013: EUR473m) due primarily to currency translation. 
   On a like-for-like basis, revenue was in line with the prior year 
   with a small increase in volumes offset by a decrease in average 
   prices. Adjusted EBITA in the period increased 2.2% to EUR13.0m (2013: 
   EUR12.7m) due to an increase in margin which was partially offset 
   by unfavourable currency translation. 
 
   UK 
   Reported revenue in the Group's UK division increased by 10.7% in 
   the period to EUR264m (2013: EUR238m) with adjusted EBITA increasing 
   by 31% to EUR3.5m (2013: EUR2.7m). The results were assisted by the 
   4.4% strengthening of Sterling in the period which lead to higher 
   translated Euro amounts and the positive impact of acquisitions completed 
   in December 2013. On a like-for-like basis excluding currency translation 
   and acquisitions, revenue was back c.3% with decreases in average 
   prices offset by some volume increases. 
 
   International 
   The International division includes the Group's businesses in North 
   America and India and in the comparative period also included the 
   results of Capespan Group Limited up to its divestment on 23 April 
   2013. Reported revenue decreased to EUR91m (2013: EUR132m) due to 
   the inclusion of Capespan Group Limited in the comparative period. 
   Reported adjusted EBITA increased to EUR1.8m (2013: EUR1.6m) with 
   a satisfactory first half performance in North America and India 
   offset by the divestment of Capespan. 
 
   Healthfoods & Consumer Products Distribution Division 
 
   This division is a full service marketing and distribution partner 
   to the healthfoods, pharmacy, grocery and domestic consumer products 
   sectors. This segment distributes to retail and wholesale outlets 
   in Ireland and the United Kingdom. 
 
   Revenue in this division increased by 6.3% in the period to EUR60m 
   (2013: EUR56m) due to the contribution of new business. Adjusted 
   EBITA decreased to EUR0.9m (2013: EUR1.6m) due to more competitive 
   trading conditions in its markets. 
 
 
 Financial Review 
 
 Exceptional Items 
 The Group recognised a fair value gain of EUR2.5m in the period on 
  a 10% investment in African Blue Limited which arose on reclassification 
  of this interest from an equity investment to an investment in an 
  associate. In the comparative period, on 23 April 2013, the Group 
  sold its 25% shareholding in the Capespan Group Limited ('Capespan 
  South Africa') for a total consideration of EUR21.7m. A profit of 
  EUR0.2m was recognised on the disposal of this investment. Also in 
  the comparative period there was an exceptional loss of EUR0.2m relating 
  to the revaluation of investment property. See Note 5 of the accompanying 
  financial information for further details regarding these items. 
 
 Net Financial Expense 
 Net financial expense for the period increased to EUR2.8m (2013: 
  EUR2.6m). The Group's share of the net interest expense of joint 
  ventures and associates in the period was EUR0.2m (2013: EUR0.2m). 
  Net interest cover for the period was 10.7 times based on adjusted 
  EBITA. 
 
 Profit Before Tax 
 Statutory profit before tax in the period was EUR24.2m (2013: EUR22.9m). 
  Excluding exceptional items, acquisition related intangible asset 
  amortisation charges and costs, adjusted profit before tax decreased 
  by 4.6% to EUR27.2m (2013: EUR28.5m). 
 
 Non-Controlling Interests 
 The non-controlling interests' share of after tax profits in the 
  period was EUR3.8m (2013: EUR4.3m). The decrease in the period was 
  due to lower after tax profits in a number of the Group's non-wholly 
  owned subsidiaries in the Eurozone. 
 
 Adjusted and Basic Earnings per Share 
 Adjusted earnings per share for the six months ended 30 June 2014 
  increased 0.4% to 4.86 cent per share (2013: 4.84 cent). Management 
  believe that adjusted earnings per share excluding exceptional items, 
  acquisition related intangible asset charges and costs and related 
  tax on these items provides a fair reflection of the underlying trading 
  performance of the Group. 
 
  Basic earnings per share and diluted earnings per share after these 
  non-trading items amounted to 4.73 cent per share (2013: 4.03 cent) 
  and 4.70 cent per share (4.03 cent) respectively with the increase 
  assisted by the exceptional profit of EUR2.5m in the period. 
 Cash Flow and Net Debt 
 Net debt at 30 June 2014 was EUR69.1m compared to EUR74.1m at 30 June 
  2013 and EUR11.0m at 31 December 2013. The increase compared to 31 
  December 2013 is due to seasonal working capital outflows and acquisition-related 
  expenditure (including debt assumed on acquisition). At 30 June 2014, 
  the Group had available cash balances including bank deposits of EUR97.4m 
  and interest bearing borrowings (including overdrafts) of EUR166.5m. 
  Net debt to annualised adjusted EBITDA is 0.95 times and interest 
  is covered 10.7 times by adjusted EBITA. 
 
  The Group generated EUR20.6m (2013: EUR25.4m) in operating cash flows 
  in the first six months of 2014 before seasonal working capital outflows 
  of EUR52.5m (2013: EUR44.3m). Cash outflows on routine capital expenditure, 
  net of disposals, were EUR5.9m (2013: EUR5.7m). Dividends received 
  from joint ventures and associates increased to EUR4.3m (2013: EUR3.7m). 
  Dividends paid to non-controlling interests increased to EUR3.7m (2013: 
  EUR3.4m) in the period due to strong earnings in 2013. 
 
  Cash outflows on acquisitions and contingent consideration payments 
  relating to prior period acquisitions amounted to EUR5.1m in the period. 
  In addition the Group assumed EUR10.8m of debt on the acquisition 
  of subsidiaries. The final 2013 dividend of EUR5.5m (2013: EUR5.0m) 
  was also paid in the period. 
 
 
                                                   (Unaudited)    (Unaudited)      (Audited) 
                                                      6 months       6 months     Year ended 
                                                    to 30 June     to 30 June         31 Dec 
                                                          2014           2013           2013 
                                                   EUR'million    EUR'million    EUR'million 
 
 Adjusted EBITDA                                          38.1           39.1           74.1 
 Deduct adjusted EBITDA of joint ventures 
  & associates                                           (6.0)          (6.3)         (11.7) 
 Net interest and tax paid                               (9.1)          (6.4)         (16.2) 
 Other                                                   (2.4)          (1.0)          (1.2) 
                                                 -------------  -------------  ------------- 
 Operating cash flows before working capital 
  movements                                               20.6           25.4           45.0 
 Working capital movements                              (52.5)         (44.3)           14.5 
                                                 -------------  -------------  ------------- 
 Operating cash flows                                   (31.9)         (18.9)           59.5 
 Routine capital expenditure net of disposal 
  proceeds                                               (5.9)          (5.7)         (12.9) 
 Dividends received from joint ventures 
  & associates                                             4.3            3.7            4.1 
 Dividends paid to non-controlling interests             (3.7)          (3.4)          (5.6) 
                                                 -------------  -------------  ------------- 
 Free cash flow                                         (37.2)         (24.3)           45.1 
 Disposal of an associate interest                           -           21.7           21.7 
 Acquisition expenditure (including contingent 
  consideration)                                         (5.1)         (14.8)         (19.7) 
 Net (debt)/cash assumed on acquisition 
  of subsidiaries                                       (10.8)              -            2.1 
 Development capital expenditure                             -          (0.6)          (1.2)
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