Greencore food-to-go sales rise 6.4% in Q1

first_imgGreencore has stated that 2019 has got off to an “encouraging start”, with strong sales in its food-to-go operations.The business last month completed the sale of its entire US business, and revenue from its continuing operations amounted to £363.5m in the 13 weeks to 28 December. On a pro-forma basis (excluding disposed sites and those that have ceased trading) revenue increased 5.8% in the quarter, although it was down 5.7% on a reported basis.Growth in the first quarter was driven by sales in the food-to-go categories, where pro-forma and reported revenue increased 6.4%.“Greencore has made an encouraging start to the year,” said the business in its trading statement, adding that it expected continued underlying revenue growth in its key convenience food categories.The company said it believed the risks from Brexit were manageable in the medium-term, but pointed out that the short-term challenges associated with a no-deal exit were uncertain.“A strengthened balance sheet and strong underlying free-cash generation leaves the group well positioned to consider organic and inorganic investment consistent with its strategic and returns objectives,” it stated.“Over the medium term, the group expects that its market positioning, capability set, customer profile, well-invested asset network and proven economic model will generate strong growth, cash generation and returns.”last_img read more

Dilapidated Brisbane home fetches $710,000

first_imgA mix of decades in the bathroom.“Let your imagination turn this duckling back into a swan.”The home’s art-deco facade was added on in the mid-century, and one option was to return the property to its original veranda style.“Tear up the carpet and polish the floors, you may find history underneath — peeks of lino can be seen and who knows, maybe an old newspaper or two giving you a step back into time.” The art deco facade was added later. Loads of storage.More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours ago“Australia is in the grip of a home renovation revolution and we have the perfect starter for you,” was how he described it. “Bring your paintbrush, roll up your sleeves and give this cute cottage some TLC. This is the perfect home for you to get your foot into the market or to renovate, flip and profit.”He said it was an original 1920s workers cottage with features from a bygone era with VJ walls, ceiling heights reaching 3.2m, casement windows with coloured glass inserts, ornate timber doorframes and hardwood floors. A blast from the past. The Australian Catholic University is not too far away. Under that lino could be some stunning hardwood floors? 22A Walter Street, Virginia, Qld 4014A BUNGALOW built in the 1920s has fetched a handsome $710,000 in Brisbane being in a dilapidated state.The three bedroom, single bathroom, single car space home at 22A Walter Street in Virginia sold midweek, according to realestate.com.au.Agent Jordan Cleland of Clark Real Estate — Clayfield has marketed the property as having “huge renovation potential in a quality street”.last_img read more

Volcanoes facing heavy defeat against Barbados Pride

first_imgBRIDGETOWN, Barbados, (CMC) — A shocking late evening collapse left Windward Islands Volcanoes on the verge of a heavy against Barbados Pride, heading into Sunday’s penultimate day of their seventh round clash.Trailing by 31 runs after doing well to dismiss Pride for 324 in their first innings, Volcanoes then stumbled to the close at Kensington Oval on 34 for five — ahead by just three runs with their top order already wiped out.Fast bowler Miguel Cummins, with three for 16, and part-time off-spinner Roston Chase with two for 16, combined to wreck the innings in just 14 overs.Captain Kevin Stoute had earlier stroked a top score of 61 — his 11th first class half-century — as the hosts, resuming on their overnight 22 without loss, carved out a narrow first innings advantage.Starting the day on eight, Stoute produced a breezy knock, stroking nine fours off 82 deliveries, while Shamarh Brooks made 42, Chase, 39 and wicketkeeper Shane Dowrich, 38.Left-handed Anthony Alleyne chipped in with 35 while tail-ender Jomel Warrican weighed in with an unbeaten 29.Stoute put on 75 for the first wicket with Alleyne who struck seven boundaries in a up temp 47-ball knock, before putting on a further 39 for the second wicket with Omar Phillips who made 23.Pride lost West Indies batsman Shai Hope (8) eight balls before lunch and then Stoute, nine balls following the resumption, as the innings declined to 129 for four.However, Brooks struck seven fours in a 62-ball innings while Chase faced 71 balls and counted five fours, as they put on 79 for the fifth wicket to rally the innings.When Pride slipped to 245 for six at tea, Dowrich added 43 for the seventh wicket with Ashley Nurse (22) and 31 for the eighth with Kemar Roach (4), to take their side into the lead.Batting a second time, Volcanoes were in trouble when Tyrone Theophile edged Cummins to Nurse at second slip without scoring in the third over and Taryck Gabriel swung Chase to Brooks at square leg in the next over to fall for four.Devon Smith (11) and Keddy Lesporis (2) perished in successive overs from Cummins and Sunil Ambris bungled a cut at Chase and was bowled for five.VOLCANOES 1st Innings 293Pride 1st Innings(overnight 22 without loss)A Alleyne lbw b Shillingford 35*K Stoute lbw b Sebastian 61O Phillips c Gabriel b Peters 23S Hope b Shillingford 8S Brooks c Theophile b Mayers 42R Chase c Theophile b Lewis 39+S Dowrich c Gabriel b Lewis 38A Nurse c Lewis b Peters 22K Roach b Lewis 4J Warrican not out 29M Cummins c Lesporis b Shillingford 0Extras (b14, lb1, w5, nb3) 23TOTAL (all out, 76.5 overs) 324Fall of wickets: 1-75, 2-114, 3-127, 4-129, 5-208, 6-216, 7-259, 8-290, 9-301, 10-324.Bowling: Lewis 14-2-56-3 (w4, nb1), Shillingford 26.5-3-98-3, Sebastien 12-1-58-1, Peters 11-2-55-2 (nb2), Mayers 13-4-42-1 (w1).VOLCANOES 2nd Innings*D Smith c wkp Dowrich b Cummins 15T Theophile c Nurse b Cummins 0T Gabriel c Brooks b Chase 4K Lesporis c Chase b Cummins 2+S Ambris b Chase 5R Cato not out 2L Sebastien not out 5Extras (lb1) 1TOTAL (5 wkts, 14 overs) 34Fall of wickets: 1-11, 2-16, 3-20, 4-27, 5-27.Bowling: Cummins 5-1-16-3, Chase 7-1-16-2, Warrican 2-1-1-0.Position: Volcanoes trail by three runs with five second innings wickets intact.last_img read more