Michael Murray: Greencore’s growth strategy involves a complex set of building blocks
It’s not especially surprising the market’s response to half year results was poor
Reconciling short term shareholder expectations with longer term growth strategies can be a tricky business. Listed company shareholders are mainly fund managers under pressure to deliver strong short-term performance from the funds they manage. That makes it difficult for investee companies to keep fund managers on board for longer term delivery.
So it’s not especially surprising ...
