Final Results - Summary - Turnover Up 15%

Greencore Group PLC
29 November 1999



PRELIMINARY RESULTS FOR GREENCORE GROUP PLC
FOR THE YEAR ENDED 24TH SEPTEMBER 1999


GREENCORE GROUP PLC, THE FOOD AND INGREDIENTS GROUP, TODAY
(MONDAY 29TH NOVEMBER 1999) ANNOUNCED ITS RESULTS FOR THE YEAR
ENDED 24TH SEPTEMBER 1999.


HIGHLIGHTS OF THE RESULTS INCLUDED

*  TURNOVER UP BY 15% TO EURO862 MILLION 
   (IR£679 MILLION)

*  OPERATING PROFIT UP BY 15% TO EURO82.6 MILLION 
   (IR£65 MILLION)

*  HEADLINE EARNINGS PER SHARE UP BY 6% TO EURO34.5C
   (IR27.2P)

*  FINAL DIVIDED UP BY 10% TO EURO7.87C (IR6.2P)

*  TOTAL DIVIDEND UP BY 10% TO EURO11.87C (IR9.35P)


COMMENTING ON THE RESULTS DAVID DILGER, CHIEF EXECUTIVE,
GREENCORE GROUP SAID:

'OUR STRONG CASHFLOW, TRADING AND MARKET POSITIONS GIVE US AN
EXCELLENT BASE FOR FURTHER PROGRESS.   WE BELIEVE THAT THERE
IS SIGNIFICANT OPPORTUNITY TO-DAY IN THE GENERALLY UNDER-RATED
FOOD SECTOR AND WE ARE DETERMINED TO EXPLOIT THIS OPPORTUNITY TO
MOVE OUR BUSINESS FORWARD.'

'OUR STRATEGY IS TO GENERATE SUSTAINED EARNINGS PERFORMANCE
THROUGH OPTIMISING RETURNS FROM OUR STRONG, HIGH QUALITY, CASH
GENERATIVE PRIMARY BUSINESSES, EXPLOITING THE ORGANIC GROWTH
POTENTIAL OF OUR FOOD INGREDIENTS AND CONSUMER FOODS BUSINESSES
AND THROUGH THE ACQUISITION OF BUSINESSES WHICH, WHEN COMBINED
WITH GREENCORE'S EXISTING OPERATIONS AND FOCUSED AND AMBITIOUS
MANAGEMENT, HAVE THE CAPABILITY TO DEVELOP STRONG MARKET
POSITIONS IN THEIR SECTORS,' HE CONTINUED.

GREENCORE GROUP PLC
ST. STEPHEN'S GREEN HOUSE, EARLSFORT TERRACE, DUBLIN 2.
TELEPHONE: [phone].  FAX [phone]
WWW.GREENCORE.IE