Greencore sales slip, but revenue rises 3%

Greencore has reported a near 3% year-on-year rise in third quarter group revenues, despite lowering sales in its core UK operations.

The Dublin-headquartered food giant said yesterday that trading in the three months to the end of June was in line with expectations, with revenues of £305.8m (€350.5m), 2.6% up on the same period last year.

Its main convenience foods division recorded a 2.8% annualised sales rise to £285.7m, with growth reflecting both acquisition contribution and the impact of exited business lines.