Food and drink firms toast shares gains

PUBLICLY-QUOTED Irish food and drink companies have performed strongly in the past 12 months with share gains ranging from a low of 20% to a high of 53% over the period.

The sector comfortably outperformed most of its international peers in the process, but a report published yesterday suggests slower progress is in prospect going forward.

This time last year IAWS plc was highlighted as the best publicly-quoted food stock over the past 10 years across the globe.