Greencore sees net debt at between €280 million and €300 million at the end of its fiscal first half in March, chief financial officer Geoff Doherty said at the company’s agm in Dublin.
The company plans to not increase debt from its current level, CEO Patrick Coveney said.
Shares in Greencore rose over 5 per cent by noon in Dublin today after it said operating profit in the first four months of its financial year was in line with the year-earlier period.
Bloomberg