Greencore Expects Stable Profits But Warns Of Currency Impact

Ireland-based food group Greencore has suggested that profits for its current fiscal year are likely to be in line with last year. However, the firm also warned that if the EUR/GBP exchange rate was to stay at around its current level for the rest of the year it would negatively impact the firms operating profit by around EUR8mn and impact its profit before tax by around EUR6mn.

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