Monday June 1, 2020

Greencore pension funds deficit trebles

Greencore’s net pension deficit has more than trebled in the past year after a 35 per cent slide in the value of its equity holdings.

31st January, 2009

Greencore’s net pension deficit has more than trebled in the past year after a 35 per cent slide in the value of its equity holdings.

The convenience food group’s annual report showed that the shortfall in its main pension schemes soared from €26 million to €68 million in the year to September 2008. The value of the fund’s equity holdings fell by €150 million to €270 million, while the value of its combined bonds,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago