Interim Results - 6 Months to 24 March 2000

Greencore Group PLC
30 May 2000




INTERIM STATEMENT OF RESULTS
FOR THE HALF YEAR ENDED 24 MARCH 2000


GREENCORE GROUP PLC, THE FOOD AND INGREDIENTS GROUP, TODAY
(TUESDAY, 30TH MAY 2000) ANNOUNCED ITS RESULTS FOR THE HALF YEAR
TO 24TH MARCH, 2000


HIGHLIGHTS OF THE RESULTS INCLUDED

*  PROFIT BEFORE INTEREST AND TAX UP 6% TO EU44.1 MILLION 

*  PRETAX PROFIT INCREASED FROM EU32.2 MILLION TO EU32.5 MILLION

*  HEADLINE EARNINGS PER SHARE UP FROM 14.5C TO 14.7C

*  INTERIM DIVIDEND UP BY 9.5% to 4.38c (IR3.45P)

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

'THE GROUP HAS DELIVERED A SOLID AND RESILIENT PERFORMANCE IN THE
FIRST HALF, WHICH HAS SEEN A DIFFERENT SEASONAL PATTERN OF SUGAR
SALES THAN RECENT YEARS.   WHILE STERLING STRENGTH HAS AFFECTED
THE COMPETITIVENESS OF OUR UK BASED MALT BUSINESS, PERFORMANCE
AND PROFITABILITY OF OUR OTHER FOOD AND INGREDIENT BUSINESSES
AGAIN SHOWED EXCELLENT PROGRESS IN FASTER GROWING MARKETS.


WE HAVE DECIDED TO EXIT OUR INVESTMENT IN IMPERIAL SUGAR AND,
TOGETHER WITH THE COMPANY, WE ARE ACTIVELY PURSUING AN
APPROPRIATE SOLUTION.

OUR STRATEGY IS CLEARLY FOCUSED ON GENERATING SUSTAINED EARNINGS
THROUGH OPTIMISING RETURNS FROM OUR STRONG, HIGH QUALITY, CASH
GENERATIVE PRIMARY BUSINESSES AS WELL AS EXPLOITING THE ORGANIC
GROWTH POTENTIAL OF OUR FOOD AND INGREDIENTS BUSINESSES.   WE
WILL ACQUIRE BUSINESSES WHICH, WHEN COMBINED WITH OUR EXISTING
OPERATIONS AND FOCUSED AND DETERMINED MANAGEMENT, HAVE THE
CAPABILITY TO DEVELOP STRONG MARKET POSITIONS IN THEIR SECTORS,'
HE CONTINUED.