25th Jan 2024 12:24
Greencore Group PLC - Dublin-based maker of package sandwiches and other convenience food - Tells annual general meeting on Thursday that revenue declined by 4.7% annually in the first quarter of its financial year to GBP441.3 million. However, on a pro forma basis, which adjusts for the disposal of Trilby Trading Ltd in Ireland last year, revenue is down just 0.4%. On a like-for-like basis, it is up 5.8%. Greencore's largest category, food-to-go, has GBP293.7 million in revenue, up 0.9% on a both a reported and pro forma basis, while other convenience categories has GBP147.6 million in revenue, down 14%, or by 3.0% pro forma. Read More