Greencore shares fall as Brexit concerns mount

Greencore shares fell over 3% yesterday as the Irish-headquartered convenience food group expressed near-term concerns from rising Brexit uncertainty. The now solely UK-focused business reported a near 13% rise in annual pre-tax profit to £17.8m (€20m). Group revenue, for the year to the end of September, rose by 4.2% to just under £1.5bn.

The group’s share price, which is down 17% in the past year, fell over 5% at one point yesterday before paring some of those losses.