Belgium-based produce supplier Greenyard has reported a 8% rise in nine-month sales, although growth eased in its third quarter.
The company yesterday (23 February) booked a 7.9% increase in sales to EUR3.14bn (US$3.32bn) for the period to the end of December. On an organic basis, sales were up 6.1%.
In the third quarter, sales were up 6.3% to EUR996.9m and by 4.8% on an organic basis.
Greenyard said nine-month sales from its fresh division were up 6.2% at EUR2.54bn, helped by 7% increase in sales on an organic basis.
Sales from Greenyard’s long-fresh arm, which houses its canned and prepared products, jumped 17.2% to EUR557.9m, boosted by its acquisition of Dutch canned mushrooms maker Lutèce at the start of 2016. On an organic basis, the division saw sales rise 2.7%.
The company provided no data on its profit performance. It is due to announce its full-year financial results on 6 June.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData