Greencore Group (CDI) (GNC)

Sector:

Food

Index:

FTSE Small Cap

205.50p
   
  • Change Today:
      2.00p
  • 52 Week High: 220.50p
  • 52 Week Low: 101.50p
  • Currency: UK Pounds
  • Shares Issued: 441.53m
  • Volume: 3,601,881
  • Market Cap: £907.34m
  • RiskGrade: 233

Greencore lifts FY guidance again after strong Q4

By Frank Prenesti

Date: Tuesday 08 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Convenience food producer Greencore lifted full-year profit guidance again after a strong fourth quarter performance.
The company, which makes sandwiches, soups and ready meals, on Tuesday said it expected adjusted operating profit of £95m-97m for the 12 months to September 27, up from a prior range of £88m-90m in July, which itself was an increase on the second quarter.

Like-for-like revenue growth in the final three months was up 3.7% and 3.4% for the year.

"This was as a result of continued strong focus on improving returns across our portfolio, other commercial initiatives and enhancing operational efficiency for key areas, such as labour and waste, across our network," Greencore said.

"Our critical group-wide technology transformation programme is now well established, and our adjusted operating profit range is impacted by £2.5m of costs in the second half related to that project that will be treated as an exceptional item rather than an operating expense."

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GNC Market Data

Currency UK Pounds
Share Price 205.50p
Change Today 2.00p
% Change 0.98 %
52 Week High 220.50p
52 Week Low 101.50p
Volume 3,601,881
Shares Issued 441.53m
Market Cap £907.34m
RiskGrade 233

GNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.48% below the market average79.48% below the market average79.48% below the market average79.48% below the market average79.48% below the market average
92.86% below the sector average92.86% below the sector average92.86% below the sector average92.86% below the sector average92.86% below the sector average
Price Trend
23.46% below the market average23.46% below the market average23.46% below the market average23.46% below the market average23.46% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
44.08% below the market average44.08% below the market average44.08% below the market average44.08% below the market average44.08% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Growth
3.7% below the market average3.7% below the market average3.7% below the market average3.7% below the market average3.7% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 6
Sell 0
Strong Sell 0
Total 8
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GNC Dividends

  Latest Previous
  Final Final
Ex-Div 09-Jan-25 02-Jan-20
Paid 06-Feb-25 28-Feb-20
Amount 2.00p 3.75p

Trades for 14-Feb-2025

Time Volume / Share Price
15:51 1 @ 205.50p
15:51 2 @ 205.50p
15:51 1 @ 205.50p
15:51 2 @ 205.50p
15:35 0 @ 205.00p

GNC Key Personnel

CEO Dalton Philips
CFO Catherine Gubbins

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