Greencore ( (GB:GNC) ) has provided an announcement.
Greencore Group PLC reported strong revenue and volume growth in the second quarter of 2025, driven by customer expansion and new business acquisitions from the previous year. The company exceeded management’s profit expectations due to operational and commercial excellence initiatives and cost control measures. Greencore now anticipates its adjusted operating profit for the full year 2025 to surpass market expectations, ranging between £112-£115 million. This positive outlook underscores Greencore’s robust market positioning and operational efficiency, potentially benefiting stakeholders and enhancing its competitive edge in the convenience food industry.
More about Greencore
Greencore Group PLC is a leading manufacturer of convenience foods in the UK, supplying major supermarkets, convenience and travel retail outlets, discounters, coffee shops, foodservice, and other retailers. The company has strong market positions in categories such as sandwiches, salads, sushi, chilled ready meals, soups, sauces, and more. With 16 manufacturing sites and 17 distribution centers in the UK, Greencore employs approximately 13,300 people and generated revenues of £1.8 billion in FY24. The company is headquartered in Dublin, Ireland.
YTD Price Performance: -7.06%
Average Trading Volume: 1,478,496
Technical Sentiment Signal: Sell
Current Market Cap: £770.1M
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