Bernard Horn Comments on Greencore Group

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Mar 16, 2015

Consumer staples holding Greencore (LSE:GNC) reversed course from last quarter’s decline, adding double-digit gains after reporting results that reflected its participation in food-to-go (FTG) business, the fastest growing segment in UK grocery sales. The company also announced plans to build out its U.S. FTG business with the acquisition of Lettieri’s LLC and new site construction in Rhode Island and Washington State

From Bernard Horn (Trades, Portfolio)’s Polaris Global Value Fund Q4 2014 Shareholder Letter.