Convenience foods manufacturer tastes post-pandemic recovery with strong fourth quarter
A manufacturer of convenience foods in the UK has reported a strong fourth quarter thanks to increased demand.
Greencore Group has reported a 27 per cent increase in revenue in its results for the financial year ending September 24 2021.
The Irish firm, which supplies food products across the UK, has said it expects growth to continue following the quarter.
Patrick Coveney, chief executive officer, commented: “We are pleased with the further improvement in our business in the fourth quarter, in particular the increase in demand across the business and our strong underlying cash generation.
“I am also excited by the progress we have made in the past quarter on our sustainability journey including the launch of the first fully recyclable, plastic free sandwich skillet.
He added: “None of our progress would have been possible without the energy and dedication of our teams and colleagues who, as throughout the COVID pandemic, continue to do a fantastic job.
“Greencore has a strong position in the dynamic UK convenience food market and, looking forward, we remain confident in our medium-term prospects.”
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