Contract wins help lift profits at Greencore

Kasmira Jefford
Follow Kasmira
FOOD supplier Greencore said that revenues rose 3.2 per cent to £639.8m, in the first six months to 27 March, despite a challenging UK market.

The company, which makes own-label sandwiches and chilled convenience food for major supermarkets, said operating profit increased by almost eight per cent from £37.2m to £40.1m.

The group has been investing heavily in new warehouses to support new contract wins, and said the second phase of its Northampton facility extension was underway.

Chief executive Patrick Coveney said it was on track to hit full-year earnings per share targets.