Greencore Group PLC (LSE:GNC) and Bakkavor Group PLC (LSE:BAKK) have agreed a merger to create a £4 billion convenience food group. The two FTSE 250 company said they had struck a deal structured as a possible offer by Greencore for Bakkavor.
British convenience food manufacturer Greencore on Wednesday agreed to buy rival Bakkavor , valuing the company at 1.2 billion pounds ($1.55 billion).
British convenience food manufacturer Greencore has increased its bid for rival Bakkavor Group , Bloomberg News reported on Tuesday, citing sources.
Greencore Group PLC surged almost 12% on Thursday after fetching backing from Deutsche Bank analysts on expectations for hiked returns ahead. Following the food company's capital markets day, Deutsche flagged management targets for a 15% return on invested capital over the medium term, against 11.5% in 2024.
Greencore Group plc (OTCPK:GNCGF) Q4 2024 Results Conference Call December 3, 2024 3:30 AM ET Company Participants Dalton Philips - Chief Executive Officer Catherine Gubbins - Chief Financial Officer Conference Call Participants Patrick Higgins - Goodbody Gary Martin - Davy Andrew Ford - Peel Hunt Clive Black - Shore Capital Andy Wade - Jefferies Matthew Webb - Investec Damian McNeela - Deutsche Bank Operator Good morning and welcome to the Greencore FY '24 Results Presentation. I would now like to hand over to Dalton Philips, Greencore's CEO.
Greencore Group PLC (LSE:GNC) shares ran up over 9% on Tuesday after the UK and Ireland's preeminent sandwich maker published its full-year results. FTSE 250-listed Greencore, which supplies all major supermarkets from Asda to Waitrose with pre-made meals, said its results were stronger than expected despite posting a 5.6% year-on-year sales decline to £1.8 billion.
Here is how Greencore Group (GNCGY) and International Flavors (IFF) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Greencore Group plc (OTCPK:GNCGF) Q2 2024 Results Conference Call May 21, 2024 3:30 AM ET Company Participants Dalton Philips - CEO Catherine Gubbins - CFO Conference Call Participants Patrick Higgins - Goodbody Gary Martin - Davy Damian McNeela - Deutsche Bank Andrew Ford - Peel Hunt Darren Shirley - Shore Capital Clive Black - Shore Capital Andy Wade - Jefferies Operator Welcome to the Greencore H1 Full Year 2024 Results Presentation. I will now hand over to CEO, Dalton Philips.
Shares in supermarket sandwich and ready meal supplier Greencore Group PLC (LSE:GNC) leapt over 18% after it more than doubled first-half profits. Revenue came in at £866.1 million, down 6.4% after the company exited a number of low-margin contracts last year and the disposed of oil and fats arm Trilby.