Companies
Greencore posts healthy profits of £76m despite ‘challenging market’ conditions
The convenience food manufacturer said it delivered steady profit growth this year after exiting a number of low margin contracts and passing on cost inflation
Greencore, the Dublin-headquartered convenience foods manufacturer, recorded healthy sales and profit growth for its 2023 financial year despite what it described as a “challenging market environment” this year.
The company said it had delivered above-market volume growth, despite exiting a number of low margin contracts, while it also mitigated and recovered the majority of its input cost inflation through operational and commercial initiatives.
Releasing results for its financial year to the end of September, Greencore ...