Greencore shares fall more than 6% after trading update

UPDATE: Convenience food group Greencore has reported a "satisfactory" start to its business year and expects "good results" for the full year.

29th January, 2013
Greencore's CEO Patrick Coveney.

Shares in convenience food group Greencore were down 6.1 per cent in London at 3.15 pm after the company issued a quarterly trading update.

Greencore reported a "satisfactory" start to its business year and said it expected to deliver "good results .. in line with expectations" for the full year.

But it also said market conditions were challenging "particularly in the core UK market which shows little or no volume growth ... We expect this to remain the...

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