Greencore reported a 19 per cent fall in sales in the first half of its financial yearGreencore has seen a rebound in meal deal sandwich sales in recent weeks but its outlook for the rest of the year disappointed the market, sending the stock tumbling. The company, which makes sandwiches and salads for most of Britain’s supermarkets, recorded a 19 per cent fall in sales to £577.1 million over the first six months of its financial year. Adjusted operating profits were almost wiped out, having come in at £27.3 million in the same period a year earlier. SponsoredGiven that Britain was under lockdown for much of the six-month period, the drop-off wasn’t too much of a surprise. There has been a pick-up in sales since the beginning of April as some semblance of normality has returned and over the past seven

Source: The Times May 25, 2021 10:52 UTC