Food group Total Produce said today it is in a strong financial position, and is continuing to pursue attractive acquisition opportunities.

In a brief statement to the Irish Stock Exchange, the group confirmed that its previously announced target adjusted earnings per share remains in the range of 6.5 cent to 7.5 cent.

In March the fruit and vegetable distributor reported a 7 per cent jump in 2010 revenues to €2.6 billion, while preliminary pre-tax profits rose 18.4 per cent to €33.6 million for the year.