Greencore has an American problem

In Britain, the food-to-go giant is growing quickly and facing into Brexit strongly. But it’s a different story across the Atlantic

4th February, 2018
Greencore’s chairman Gary Kennedy, and chief executive Patrick Coveney

By any standards, a company that can (a) boast that its products are consumed by half of the British population every week, (b) is growing much more quickly than its competitors, and (c) has doubled its turnover in the space of a year deserves a bit of support from investors.

Greencore, the Dublin-headquartered food company, can tick all of those boxes and more. Yet there is something that investors still don’t like about its story....

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