Core values hold steady – for now
Tough challenges abound for Greencore’s management. Shareholder patience may endure for the moment, but not indefinitely
Not long ago, Greencore was one of the darlings of the stock market, after a real turnaround in its fortunes under the leadership of Patrick Coveney.
The company gained its place in the Ftse 250 nearly five years ago now. Its management’s proactive focus on operational excellence, innovation and a progressive series of bite-sized acquisitions in Britain and the US had served shareholders quite well. Its British business has been firing on all ...