Company
Greencore Group PLC
LON:GNC
Greencore Group plc is a leading international manufacturer of convenience foods and ingredients. We have manufacturing sites in four countries of the European Union as well as the US; and employ some 10,000 people.
75 stories
Greencore Group pledges to re-engage with dissident shareholders after pay revolt
More than 46% of votes cast on the remuneration report at yesterday's annual general meeting were against it.
Greencore Group launches employee shares giveaway as investor adviser firms criticise bosses' bonuses
“Greencore has consulted extensively with its shareholders on its remuneration policy, and is pleased with the level of support that it has received”
Greencore returns to revenue and profit growth as 'food to go' sector rebounds
The convenience food group said it expects results for the current year to be in line with market expectations
Greencore Group raises profits guidance as June sales recover to pre-COVID levels
Inflation trends in the group's main UK cost components were broadly as anticipated. Supply chain and labour challenges are increasing across the UK food system, Greencore warned.
Greencore says profits should be higher than 2020 if UK lifts lockdown
The company swung to an interim loss as people weren’t picking up ready-made sandwiches and salads as much during the pandemic
Greencore says new lockdown not as bad as last March but revenues drop 20%
The current coronavirus restrictions are significantly impacting demand in food to go categories
Greencore raises £90mln after swinging to full-year loss
The cash will be used to manage debt levels, avoid other cost-cutting measures and potentially make new acquisitions
Greencore estimates full-year revenue to drop 14%
The Northampton site has fully resumed production after a COVID-19 outbreak in August
Greencore factory hit by Northampton coronavirus outbreak
“We can confirm that a number of colleagues have tested positive for the virus and are now self-isolating”
Greencore sells molasses business to shore up balance sheet as quarterly sales slide
Revenue dropped 34% in the quarter to June 26, 2020, but the firm sees “encouraging” improvement of demand in food-to-go categories for the rest of the year
Greencore sees sales tumble though cooking sauces hit the spot
Greencore said it has returned to modestly positive underlying profits (EBITDA) after cost-saving measures
Greencore downgraded to ‘hold’ by Jefferies over longer period of uncertainty
Analysts expect deeper troubles than initially expected after sandwich sales through grocers tanked by 60% instead of 30% as forecast
Greencore says food production facilities “fully operational” amid coronavirus
“We are closely monitoring all aspects of our business and are confident that we have the team, customer partnerships and protocols in place to maintain food supply through this uncertain period”
Greencore puts fork in US business as "reset" continues
“Over the past twelve months we have fundamentally reset our business”, said the group's chief executive, having recently acquired UK salads-to-go business Freshtime
Greencore adds new targets to the menu
The company has been on track in reducing its debt and is looking to expand customer reach
Ready meals maker Greencore gobbles up Freshtime
Greencore expects the acquisition to be neutral to earnings in the 2019 fiscal year and “modestly accretive” in 2020.
Investments and investor services
FTSE 100 closes higher as trade tensions ease
The UK's premier shares index closed up around ten points at 7,320
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Severn Trent to kick off water sector updates on Tuesday; retailers also in focus
The Day Ahead will bring trading updates from the likes of stores groups Halfords, Topps Tiles, and WH Smith
Jefferies resumes coverage of Greencore at a ‘buy’
The renewed coverage followed a period of restriction as a result of a recent tender offer which completed at the end of January
Greencore reiterates upbeat 2019 outlook after food-to-go boosts Q1 revenues
In an update for the 13 weeks to 28 December, the FTSE 250 food group reported revenues from continuing operations of £363.5mln, up 5.8% on a pro forma basis
Investments and investor services
FTSE 100 closes higher; British American Tobacco lights up
The UK's blue-chip benchmark finished over 86 points higher at 6,833, while FTSE 250 closed nearly 168 points higher
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Royal Mail update expected to delivery another decline; second Brexit parliamentary vote key
Aside from the Royal Mail update, investors will also have an eye on news from Hargreaves Lansdown, Crest Nicholson and Domino's Pizza
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Quality and quantity on the company news front, but Brexit vote, Fed rates, US jobs to be key
The cream of the corporate updates will likely come from blue-chips BT Group, Royal Mail, Royal Dutch Shell, Unilever and Diageo
Greencore reports full year earnings rise amid offload of US business but cautions on Brexit
The FTSE 250-food group said continuing operations adjusted underlying earnings came in at £140mln for the year, up 1.7% on 2017 while revenues rose 4.2% to £1.5bn
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Ferguson and Greencore among highlights in Tuesday’s diary
The US economic outlook, the order book and restructuring will all be among the key points as Ferguson updates investors.
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Fashion firms and a housebuilder, plus US jobs data to provide interest in the first week of Advent
Ted Baker PLC and Joules PLC will fly the fashion flag, while Berkeley Group PLC will provide the mortar on a fairly quiet corporate diary at the start of December
Greencore dives as it agrees US$1bn sale of US business
Shareholders will receive just over half of the £817mln sale price, but that wasn’t enough to stop the shares from dipping on Monday
Greencore shares rise on Numis upgrade
In a note to clients, the analysts at Numis said that following the profit warning in March, something needed to change at Greencore
Greencore boosted by upbeat outlook following US restructuring
The company repeated its forecast of underlying earnings per share between 14.7p-15.7p
FTSE 100 continues record-breaking run but big retailers lag
The UK blue chip index closed around 18 points higher at 7,877
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Retail results whirl to start low-key with numbers from Halfords and Topps Tiles
The day ahead includes full-year results from Halfords Group and from Harry Potter books firm Bloomsbury Publishing, plus first-half numbers from Topps Tiles
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Retailers in focus for coming week, with Marks & Spencers, Kingfisher, and Halfords set to update
Aside from the retails, the week ahead includes results from utilities Pennon PLC, Severn Trent PLC, United Utilities PLC, and SSE PLC, plus updates from Ryanair PLC and Britvic PLC, and the latest UK inflation numbers
Greencore shares plunge as Bisto Yorkshire puddings group warns of lower 2018 profit, restructures US network
As part of the US restructuring, Greencore said its CEO Patrick Coveney will take a direct role in the business and spend half of his time in US to improve results
FTSE 100 finishes sharply lower as financial stocks weigh
FTSE 100, which has been hitting record highs over the past weeks, hit a five week low
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Investors to chew over Domino's Pizza update as they await start of the first FOMC meeting of 2018
Day ahead includes updates from Domino's Pizza Group, PZ Cussons, and ZPG, plus the start of the first Federal Reserve Policy meeting of 2018
Investments and investor services
FTSE 100 makes strong gains with Royal Dutch Shell in support
London's FTSE 100 closed the day sharply higher, up over 1% to 7,460
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Stress tests for UK banks eyed, plus updates from retailers Topps Tiles and Pets at Home
Day ahead to include latest BoE stress test results from UK banks, and updates from specialty retailers Topps Tiles and Pets at Home
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Pubs in focus again with updates from Marston's and Greene King eyed
The Week Ahead includes updates from pubs operators Marston's and Greene King, plus results from Britivc, Daily Mail & General Topps Tiles, and Pennon
Greencore Group dives following product recall in the US
The US Food and Drug Administration's sampling found some Listeria monocytogenes in Greencore's sandwiches
Safeland shares fall as annual profits hit by decision to play it safe amid political uncertainty
A look at some the top risers and fallers in London today
FTSE 100 closes lower after Manchester attack
Despite events, the FTSE 100 remained relatively strong throughout the day but ended lower
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Shell to come under fire over bosses pay package, climate change goals at its annual general meeting
Like Bob Dudley, his counter-part at FTSE 100-listed peer BP, Shell’s chief executive Ben Van Beurden will see his multi-million euro salary come under close scrutiny
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Marks & Spencer's womenswear woes under scrutiny again as retailers dominate
Week ahead: Marks & Spencer, Dixons Carphone, Kingfisher, De la Rue...
FTSE 100 shares close lower, tracking Dow and Donald
FTSE 100 shares closed lower on Tuesday in sympathy with declines of up to 160 points on Wall Street’s DJIA as the fallout of US President Donald Trump’s first week in office continued to take its toll
Precious metal miners find support as the price of gold rises again
Randgold Resources and Fresnillo both added 1% as the price of gold rose 0.3% to US$1,135 an ounce as the US dollar - in which it is priced - slipped back slightly.
Investments and investor services
FTSE 100 shares extend gains as Wall Street rallies
FTSE 100 shares extended gains in the second half of Tuesday to close comfortably up in tendem with record-breaking gains on Wall Street
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Read all about it with Daily Mail and General Trust results
In September, the firm said its full-year outlook remained in line with market expectations.
Read all about it with Daily Mail and General Trust results
The group posted a pre-close update in September, which said its full-year outlook remained in line with market expectations
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Week Ahead: Are overseas buyers returning to Berkeley's London homes?
Big names reporting this week: Aberdeen Asset, Merlin Entertainments, Daily Mail, Sage Group and Berkeley Group
US top stocks end flat but many others chalk record highs
US stocks closed mixed on Monday, as the S&P 500 ended flat while the Dow Jones Industrial Average notched up a third successive record high close and smaller caps posted record highs too
Investments and investor services
FTSE 100 rises, led by banks craving higher global rates
FTSE 100 shares ended Monday firmer, as bank stocks gained on the prospect of higher global interest rates
Investments and investor services
FTSE 100 Index edges higher as pound falls
The price of a barrel of Brent crude fell 0.449% to US$44.52
Cranswick sells sandwich arm to Greencore for £15mln
Sausage maker sells non-core business to Irish food group
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No tears for Boohoo after Liberum upgrade
Liberum rates shares a 'buy' and targets 65p, up from 55p.
Investments and investor services
Preview - Can Vodafone live up to positive expectations?
Vodafone, Speedy Hire and Blinkx are among the highlights in Tuesday's schedule in London.
Tuesday's agenda: Dixons Carphone in the driving seat
Dixons had a good Black Friday; what about the red & green Christmas?
Tuesday's agenda: James Bond to boost Cineworld's third quarter
Kingfisher and Cineworld will update on their respective third quarters on Tuesday
Week ahead: Osborne looks for spending cuts after Lords tax credit rejection
Kingfisher and Cineworld will catch the eye but George Osborne will be the headline maker next week
Risers & Fallers: Lloyds, Magnolia Petroleum, SDL, Renewable Energy Holdings and more...
Below are some of the main news-driven share price changes at 4pm.