Companies

Revenue decreases 4.7 per cent to £441.3 million at Greencore

Manufactured volumes were 0.5 per cent higher in the three months to December 29, 2023

Dalton Philips, chief executive of Greencore. ‘I am extremely encouraged by the strong start to the year for our business.’

Greencore, the Dublin-headquartered convenience foods manufacturer, saw its reported revenue decrease by 4.7 per cent to £441.3 million in the three months to December 29, 2023.

On a pro forma basis, adjusting for the disposal of Trilby Trading in Ireland, revenue was broadly flat year on year. On a like for like basis, revenue increased 5.8 per cent year on year, according to a trading update from the group.

Profit conversion in the company’s first ...