Dublin-headquartered Greencore has tripled US sales in the first quarter of the current financial year and reported continued UK growth from its convenience, and especially food-to-go, operations.
The UK’s top 150 food and soft drink manufacturers saw revenue fall last year for the first time in 15 years, due to deflation and investor uncertainty, according to a report from OC&C Strategy Consultants.
Premier Foods’s recovery strategy is “starting to bear fruit”, according to City analyst Investec, after the manufacturer posted its first quarterly branded sales rise in two years last week.
Soft drinks firm AG Barr is benefiting from Coca-Cola Enterprises’ (CCE’s) struggling performance, according to Shore Capital analyst Phil Carroll, commenting on the former’s first financial quarter (Q1).
