Dalton Philips, the chief executive of Dublin-based food group Greencore, has been chosen as The Irish Times Businessperson of the Month for July, an award run in association with Bank of Ireland. On July 22nd, Greencore’s shares surged, after the sandwich maker reported third quarter revenues well ahead of analysts’ expectations. “While we are mindful of an uncertain economic backdrop and ongoing inflationary pressures, we now expect to deliver a full year adjusted operating profit of £118 million to £121 million, ahead of previous guidance,” Philips said. This would create a convenience food business in the UK with combined revenue of £4 billion and about 30,500 employees. Existing Greencore investors would own 56 per cent of the group if the deal is given the green light by UK competition regulators.
