Greencore has signalled that its earnings for its current financial year to next September may reach their pre-pandemic peak, after posting results for its last financial period that topped its own raised forecasts.
Chief executive Dalton Philips has long targeted profit hitting its pre-Covid level of £105 million by 2026. “The group delivered excellent progress against its key financial metrics and strategic priorities in financial year 2024, underpinned by close customer engagement in a period that continued to be defined by cost inflation and muted consumer confidence,” said Mr Philips.
Shares in Greencore have soared 107 per cent so far in 2024 as it continues to recover from a series of hits over the past 4½ years, including the Covid-19 pandemic, supply-chain and labour issues, and inflation.
France Dernières Nouvelles, France Actualités
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