Sandwich Maker Solid in Face of Rising Costs; Sales Increase by 7% IN ASSOCIATION WITH Rensburg Sheppards
Byline: BY MATT DICKINSON Daily Post Correspondent
THE owner of the world's biggest sandwich-making plant - which has sites in Crosby and Warrington - said trading had been "solid" in the face of deteriorating consumer conditions in the UK.
Convenience foods firm Greencore, which operates the Manton Wood facility, in Nottinghamshire, said underlying sales at its main division rose 7.2% in the four months to July 31, up from 6% in the first half of its financial year.
Price rises to combat higher costs accounted for 4.2% of the increase, alongside a 3% rise in volumes.
The convenience foods division comprises around three-quarters of group sales, and supplies retailers such as Tesco and Asda, as well as garages and airlines.
It also makes ready meals for Weight Watchers and Heinz. As well as the Manton Wood site, which employs around 2,000 people and makes 4m sandwiches a week, the group operates sandwich making plants at Park Royal and Bow, in London, and Crosby, in Liverpool.
Earlier in the year, the group said it expected to suffer a hit of 57m euros (pounds 44. …