Irish food producer Greencore sees revenue grow by 10%

Dalton Philips, chief executive of Greencore, said the business has been “stabilised” in a “challenging market environment”. 

Revenue at Irish convenience food producer Greencore grew by 10% during the last financial year to £1.9bn (€2.2bn) as the business recovered from the impact of inflation.

Overall, Greencore’s operating profit during the year increased 26.7% to £66m (€76.1m) in the year to the end of September. Group profit before tax was £45.2m (€52.2m), compared to £39.8m (€45.9m) during the previous financial year.