Greencore expect EPS increase despite profit decline

Greencore expect an increase in adjusted earnings per share, according to a trading statement released today.

Greencore expect an increase in adjusted earnings per share, according to a trading statement released today.

The food and malt producer now anticipates that adjusted earnings per share for the financial year 2007 will exceed the current market consensus level of 28.4 cent by approximately 5%.

However, the firm predicted a decline in full year operating profits of approximately 8%, citing input cost inflation.

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