Shares fall by 15% as markets react badly to news

THE world’s biggest sandwich maker, Greencore, felt the impact of its €21 million profit write-down in its share price yesterday.

By close of business, Greencore shares were down nearly 15%, representing one of the biggest one-day slumps in the group’s share price in almost a decade.

At the end of the day’s trading, Greencore was down 14.86% at €2.09, a fall of 36.5 cent on the day.