date:Jul 29, 2014
Greencore announces its Q3 results tomorrow (July 29th), and Davy Stockbrokers has said that it expects the convenience food giant to post sustained revenue progress for the period.
In a broker report, Davy said that Greencore is well placed ahead of key capacity additions in both the US and UK. We remain comfortable with FY 2014 forecasts.
For the full year, Davy is forecasting revenue growth of 6.2% and operating profit growth of 11% for Greencore's Convenience Foods division, which is Green