Sandwiches remain strong for Greencore
20 August, 2009
Greencore has announced its food-to-go sandwiches and quiche bakery business has delivered a “good sales performance” in its interim management statement.
It said the good weather in the early part of the summer helped drive sandwich sales as well as salads and sushi.
Within its UK portfolio, cakes & desserts saw a fall in sales, which was offset by a rise in food-to-go, prepared meals and ambient cooking sauces, with sales 1.8% ahead overall.
Its UK Chilled Foods division saw volumes increase 4.4% for the four months to 24 July 2009, compared to the same period last year.
The Irish firm said the UK environment remains challenging, however it said there had been a slight improvement in “consumer sentiment” in recent months.
Looking ahead, Greencore said it “expects to deliver full year operating profit modestly ahead of FY08 on constant currency basis”.