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Greenyard continues on growth path
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Greenyard : ends financial year with solid sales growth, stronger balance sheet and increased ambition and guidance for AY 2122
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Greenyard ends financial year with sales growth and stronger balance sheet
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Greenyard benefits from high demand for healthy food
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Greenyard continued its growth unabatedly in the third quarter of its broken financial year. The fruit and vegetable business is optimistic about the future and continues to work on reducing its debt.
Fruitful long-term relationships
In the third quarter, revenues increased by 10.3 per cent year-on-year. The Fresh segment, which accounts for about 80 per cent of Greenyard s business, performed best, growing by 11.4 per cent. The company attributes the growth to increasing numbers linked to long-term customer relationships. Turnover within Long Fresh increased by 6.4 per cent to over 225 million euros. The higher revenues in retail and the food industry amply compensated for the loss in sales in foodservice.