Greencore positive ahead of full year results

Greencore positive ahead of full year results

Food group Greencore in a statement issued today ahead of results due in November said trading over the last number of months was "fully in line with expectations" and that full-year operating profit was in line to be 20% up on 2009.

Greencore said it expects to report an adjusted EPS of around 16.5 cent for the year.

"Our trading through the late summer and in September was fully in line with expectations with a robust Group performance overall," the company said in the statement for the year ended September 24.

Sales from continuing businesses in convenience foods are expected to be around 8% higher than last year, the company said, while Group operating profit is expected to be around 20% ahead of 2009.

The company said it expects to deliver "a strong performance in its ongoing business" next year.

Full results are set to be published on November 23.

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