Greenyard posts strong Q3 results

Greenyard posts strong Q3 results

Share on linkedin
LinkedIn
Share on twitter
Twitter
Share on facebook
Facebook
Share on whatsapp
WhatsApp
Share on email
Email


Belgium-based fruit and vegetable producer supplier Greenyard has recorded strong performance for the third quarter highlighting year-on-year sales increases which have hit €996.9 million (£849.8million).

The group said this represents an increase of 6.3% and internal growth reached almost 5%.

Its fresh segment had a 4.7% rise in sales, while total year-to-date sales reached €3.143 billion (£2.67 billion), representing an increase of almost 8%. Horticulture also grew by almost 5%.

Meanwhile the group says its acquisition of Dutch mushroom canner Lutèce added 3% to the top line, more than offsetting a 1.6% sales hit due to foreign exchange issues which were mainly driven by a drop in the pound.

In June 2015, Greenyard combined its four constituent companies – UNIVEG, Pinguin, Noliko and Peltracom – under one unified banner to become a global market leader in fresh and prepared fruits and vegetables.

Full year results are expected in June.

TAGS:

READ ON:




The Latest from PBUK

Subscribe to PBUK!

Get regular produce industry insights, sign up for our email newsletter below.