City snapshot: Greencore sales rocket on UK food-to-go boom and US volume pick-up

Revenues at Greencore have leapt 54% to £640.5m in its first quarter thanks to booming food-to-go sales in the UK and a jump in US volumes. Plus, profits at PZ Cussons sank in the first half as margins were squeezed on tough trading in Africa and Europe, with the UK proving particularly difficult as shoppers spend cautiously.