Greencore boosted by M&S food sales
Strong growth in Marks & Spencer's food business has been good news for Greencore, according to the latter company's chief executive Patrick Coveney.
Marks & Spencer shareholders may be disappointed by the department store's poor general merchandise sales so far this quarter, but strong growth in the retailer's food business was good news for Greencore.
The Santry-based convenience food manufacturer became a major supplier to M&S last year when it acquired Uniq, a British sandwich and desserts business, for stg£113 million.
Now, that relationship is paying off as Greencore restructures the business and M&S is...
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