Food companies showing the banks the way

THE performance of some of our food companies stands out in sharp contrast to the goings on at the banks at the moment.

A quick look at share prices shows Glanbia standing at €2.13 with Greencore standing at €1.1.

That is close to their lows back in 2003,but the loss in share values pales in comparison with the major banks whose values are just a fraction of what they were back in 2003 when Bank of Ireland hit a low of €9 against €11.50 at AIB.