Greenyard to sell UK Fresh operations despite reporting all-round improved profitability
The Group sees insufficient room for profitable growth in a mature market, has decided to sell its UK Fresh operations.
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The Group sees insufficient room for profitable growth in a mature market, has decided to sell its UK Fresh operations.
Greenyard signs a real estate transaction, with a view to long-term refinancing and room for growth
Greenyard says it is on track to meet its annual targets. The decision to stop selling a number of seasonal products did weigh on sales in the third quarter of the company's broken financial year.
Greenyard announces sales in line to meet full year expectations
Shutterstock.com Greenyard continued its growth unabatedly in the third quarter of its broken financial year. The fruit and vegetable business is optimistic about the future and continues to work on reducing its debt. Fruitful long-term relationships In the third quarter, revenues increased by 10.3 per cent year-on-year. The Fresh segment, which accounts for about 80 per cent of Greenyard's business, performed best, growing by 11.4 per cent. The company attributes the growth to increasing numbers linked to long-term customer relationships. Turnover within 'Long Fresh' increased by 6....