Tumbling Pound Hits Greencore [Eire Region]

Daily Mail (May 27, 2009)

Author: Joe Downes

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Summary


FOOD firm Greencore made a loss in the first half of the year due to restructuring costs and the weakness of sterling.

The group reported a pre-tax loss of E27m for the six months to March 27, compared to a pre-tax profit of E24m the same time last year.

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Extract


Tumbling Pound Hits Greencore [Eire Region]

Revenues for the six-month period fell from E649m to E550m in what the company called a 'challenging' trading ...

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