Boparan - comment

The allegations of welfare issues at one of 2 Sisters farms in Lincolnshire will depress bond prices. A welfare scandal is a headache Boparan could do without, even if the immediate impact on margins is limited. The investigation requested by Tesco is likely to be partially a PR exercise as Red Tractor (UK agriculture’s quality assurance body) has already confirmed the farm is compliant. However, customers may refuse meat from this farm in the short term, and moving about supply will incur non-recoverable costs. Boparan will also be under greater scrutiny and may require some remedial spending. The capacity impact is not clear as the size of the farm has not been made public.  Boparan hosts its Q3 call on 27 June.  

https://www.mirror.co.uk/news/uk-news/chickens-crushed-death-machinery-farm-30270390