RE: Strong Demand9 Apr 2020 13:59
40% of Greencore is food other than sandwiches, (ready meals and pasta sauces etc) this has seen strong demand across all retailers, a diverse portfolio of products has to a degree insulated Greencore against the reduced volumes of Food to go.
A strong balance sheet and cash rich since the US sale last year, this would explain the bounce. Furloughing of staff in areas where demand is low to minimise impact also helping.