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Greencore Confident In Adapting To Post-Brexit Market

Published on Jun 24 2016 5:12 PM

Greencore Confident In Adapting To Post-Brexit Market

Speaking about how it plans to adjust to Britain’s exit from the EU, food-to-go business Greencore has told Just-Food.com that it is "a highly adaptive business that is well-used to mitigating the impact of complex and rapid changes in our market."

Commenting to the food industry website, it added that it has "a robust underlying business, a strong pipeline of new revenue opportunities and, in food-to-go, [is] focused on a segment of the market that benefits from fundamental and long-term growth drivers."

Greencore is the biggest Irish employer in the UK, with a workforce of as many as 15,000 people, which helps it to produce more than 500 million pre-packed sandwiches a year.

Its chief executive, Patrick Coveney, told the Dublin Chamber of Commerce last week that he expected a win for the Leave side in the UK’s referendum on EU membership, also accurately predicting the subsequent resignation of David Cameron as Prime Minister, according to Bloomberg.

In its statement to Just-Food.com, it concluded in saying that "It is too early to speculate on what the specific implications will be, but we will move quickly and positively to ensure that we successfully navigate out way through what will be a period of uncertainty for the whole industry."

© 2016 - Checkout Magazine by Jenny Whelan

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