Greenyard posts strong Q3 results

Greenyard posts strong Q3 results


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.



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