Greencore to face farmers’ demands at AGM as analysts differ on future

SHAREHOLDERS gather in Dublin tomorrow for the annual general meeting of Greencore Plc at a time when the group is at a crossroads.

For the executive team, the loss of €20 million in operating profits is a blow, but it will finally rid the group of the long-running conflict with farmers about how much money it makes from sugar processing.

Farmers have indicated they will demand a big slice of the €145m compensation due to be paid to the group by the EU Commission for the loss of its sugar processing business.