Greencore: Brexit would hit UK's food sector

Britain pulling out of the EU would be significantly damaging to that country’s food industry, Greencore chief executive Patrick Coveney warned yesterday.

He was speaking after the Irish convenience food group’s AGM in Dublin, at which management delivered an upbeat overview of the business to attending shareholders.

An accompanying trading update for the first quarter of its current financial year, covering the three months to the end of December, showed group revenues jumped by 7.2% (6.8% when measured in constant currency terms) year-on-year to £356m (€470m) in the period.