Greencore remaining cautious about impact of recession and inflation

Chief executive Dalton Philips says company has made great progress in recovering from a challenging period with revenue, profits, leverage and returns all improving significantly this financial year

Dalton Philips, chief executive of Greencore

Greencore, which is the largest sandwich maker in Britain and Ireland, has warned that it remains cautious about the potential impact of the recessionary environment and cost of living factors on consumer spending through the year ahead.

In its results for financial year 2022, the company did not provide any profit guidance for the coming year.

Greencore, whose financial year runs to September 30, said that its revenue performance in the early weeks off financial ...