Appetite for convenience food boosts Greencore revenue by a quarter January 27, 2022 Convenience food maker Greencore saw robust revenue growth in the latest quarter driven by a strong appetite for food to go.
M&G snaps up majority stake in sustainable housebuilder Greencore January 27, 2022 Global investment firm M&G has snapped up a majority stake in sustainable housebuilder Greencore Construction, the firm announced today.
Asos shares jump after posting ex-Paddy Power boss to board January 13, 2022 Asos has posted the former boss of Paddy Power to its board today, in a move which helped pushed the retailer’s share price up over 10 per cent. The online retailer also announced this morning that it would be shifting to London’s main market, after two decades on the junior AIM index. Patrick Kennedy, who [...]
Upper Crust owner SSP Group results show it’s ‘still in the recovery phase’ December 8, 2021 SSP Group, a leading operator of food and beverage outlets in travel locations worldwide, announced a revenue fall of down 41.8 per cent from last year to £834.2m in its full year results this morning.
Greencore profits up as firm emerges from “difficult period” November 30, 2021 In the year ending 24 September, Irish food manufacturer Greencore registered a 4.8 per cent growth in revenue, going up to £1.3bn. The growth – driven by returns in the food to go and convenience categories in the second half – helped the group emerge from a particularly difficult first half of the year, when [...]
Greencore lifts profit expectations following strong Q4 performance October 1, 2021 Convenience food manufacturer Greencore Group has lifted expectations for its full year financials amid surging demand for food to go. On the back of strong Q4 results for 2021, which saw revenues climb 27 per cent year on year, the company said it anticipates operating profit for FY21 to be towards the upper end of [...]
Baked goods maker Finsbury Foods whisks up dividends for June May 26, 2021 Baked goods maker Finsbury Food had a stronger second half to its financial year, the group said this morning, expecting a profit before tax of at least £15m. Its profit before tax is ahead of market expectations, the cake maker said, as it prepares to reintroduce its dividend for the year ending 26 June 2021. [...]
Soggy sandwich: Food firm Greencore sinks to first-half loss May 25, 2021 Convenience food producer Greencore has sunk to a loss in the first half, but there is “cause for optimism” as people head back to the office. The FTSE 250 firm reported a group loss before tax of £1.8m in the first half of the year down from a group profit of £27.3m a year earlier. [...]
Exclusive: City fund managers on the winners and losers from the Brexit deal January 12, 2021 The Christmas Eve announcement of a UK-EU trade deal promised an end to four and a half years of uncertainty and speculation. Whilst there are areas of the relationship still to be finalised, it has brought some much-needed clarity to many UK businesses, even though uncertainty for the financial services space and the City remains. [...]
Covid-19 leaves bad taste at Greencore as firm seeks £90m to shore up against virus costs November 24, 2020 Food producer Greencore is targeting a £90m equity placing to mitigate the cost of Covid-19 to the business, after the group’s pre-tax profits stood at £17.3m - down 81 per cent on 2019.