Stock Take
Greencore gives investors food for thought as revenue grows 10pc
The Dublin-based sandwich maker has seen its shares rise more than 55% this year and is now valued at €500m
Greencore, the Dublin-headquartered firm that is the largest sandwich maker in Britain and Ireland, recorded healthy sales and profit growth for 2023 despite what it described as a “challenging market environment”.
Investors will have been pleased to note that the company said it delivered year-on-year reported revenue growth of 10 per cent through a combination of underlying volume growth, including net new business wins and also “recovering significant levels of inflation”.
Inflation incurred was largely ...
