Greencore’s growing pains

It has been a hard grind for Greencore, but while uncertainty lies ahead, opportunity also knocks

Patrick Coveney, chief executive of Greencore

Last week, two of Ireland’s mid-sized companies reported at the same time on the same day. Both UDG Healthcare and Greencore are listed on the FTSE 250, both have well-regarded management teams, both have pivoted towards the US market, and both have consistently grown in recent years.

But their share price performances over the past year were very different, with UDG’s shares rising by one third up to their results announcement last Tuesday, ...