While recent market concern and potential negative newsflow for Greencore (GNC LN, BUY, T/P 310p) focused on the US, some market concern appears to remain that the UK business – while clearly one that enjoys sustained volume growth – may come under margin pressure due to higher employment costs. In particular, there is concern about the lack of availability of Central and Eastern European labour once the UK leaves the EU.
07 Sep 2017
Fear of Food’s Labour Lost
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Fear of Food’s Labour Lost
Greencore Group Plc (GNC:LON) | 120 2.3 1.6% | Mkt Cap: 562.6m
- Published:
07 Sep 2017 -
Author:
Chris Wickham -
Pages:
4
While recent market concern and potential negative newsflow for Greencore (GNC LN, BUY, T/P 310p) focused on the US, some market concern appears to remain that the UK business – while clearly one that enjoys sustained volume growth – may come under margin pressure due to higher employment costs. In particular, there is concern about the lack of availability of Central and Eastern European labour once the UK leaves the EU.