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Greencore Group Reports 7.2% Growth In Q1, Offloads Desserts Business

Published on Jan 30 2018 8:13 AM in Private Label tagged: Featured Post / Ireland / Greencore / Patrick Coveney / cakes / Desserts / Paywall

Greencore Group Reports 7.2% Growth In Q1, Offloads Desserts Business

Convenience foods giant Greencore Group has posted a 7.2% increase in pro-forma revenue in the first quarter of its financial year, recording sales of £640.5 million for the period.

The group said that its UK & Ireland Convenience Foods business was the main sales driver in the quarter, reporting pro forma net sales growth of 8.7%, with its Food To Go subdivision seeing 11.4% growth.

‘This reflects both positive growth in the underlying market as well as the incremental impact of the previously announced business wins with several of the Group's largest customers, the group said.

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