Greencore wins back investor confidence

M&S - Sweet sandwiches - 2100x1999

Source: M&S

Greencore won back investor confidence this week as the sandwich maker upgraded its annual profit guidance following better-than-expected trading inspired by the World Cup and recent heatwaves, as well as a lift from the newly integrated Bakkavor

Shares in Greencore shot up by more than 10% in reaction to the profits upgrade, before settling down around 7% higher by close of trading on Wednesday.

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