Archive of all Greencore articles – Page 2
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News
City snapshot: Greencore boosts revenues and profits as it passes on inflation
Greencore has boosted annual revenues and profits as it recovered cost inflation and also improved volumes. Plus, the latest inflation figures from the BRC, annual results at Treatt and half-year results at Supreme and Pets at Home.
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Analysis & Features
10 activists making grocery a better industry for the LGBTQ+ community
From managers who have improved workplace culture to LGBTQ+ role models, we shine a light on those increasing visibility and inclusivity in the fmcg industry
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News
Former Greencore exec Kevin Moore appointed as Valeo’s first UK CEO
Valeo Foods Group has announced the appointment of Kevin Moore to the newly created position of UK CEO
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News
Greencore seeking CFO as Emma Hynes steps down
Hynes will leave the food-to-go specialist in May following the group’s half-year results, remaining with Greencore for a transition period to help her successor.
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Analysis & Features
What more supermarkets could do to help shoppers in tough times
The crisis has plunged 13 million people into food insecurity. Supermarkets and food manufacturers are looking to respond, but there are question marks over whether they’re doing enough
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Analysis & Features
How Unilever provided safe haven amid 2022’s stock market storm
Unilever seems a ‘safe haven’, but the turmoil of 2022 was tough for many of the listed players. So who fared best… and worst?
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News
City News: Greencore shares plunge despite food to go recovery
Prepared food group Greencore posted a huge jump in sales and profits this week, but its shares fell on worries over its outlook
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Comment & Opinion
Greencore’s shifting sales mix spells trouble ahead for UK suppliers
Prepared food group Greencore posted a huge jump in sales and profits this morning as the food-to-go market roared back from Covid lows – but why did it promptly lose 8% of its value?
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News
City snapshot: Greencore sales and profits jump on food-to-go rebound
The strong rebound in food to go boosted annual revenues and profits at Greencore, though the group warned of “further substantial inflation” in the coming year. Plus updates from Unilever, Treatt, Supreme and all the rest of the latest news from the City.
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News
Ornua Foods UK appoints ex-Greencore exec Simon Ball as new MD
Ball will lead the growth and development of Ornua Foods UK from its Leek, Staffordshire headquarters
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News
Tesco UK & ROI CEO Jason Tarry joins IGD as president, replacing Patrick Coveney
Tarry is set to take over from current president, and former Greencore CEO, Patrick Coveney on 1 January 2023
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News
Greencore battles latest wave of inflation as recovery in food-to-go gathers momentum
Sandwich maker Greencore is battling to claw back soaring costs as input inflation accelerated into double digits while a recovery in its food-to-go markets gathered pace.
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News
City Snapshot: Lidl and Aldi grab more share as grocery inflation hits 13-year high
Food price inflation has hit its highest level for 13 years, with Lidl and Aldi stealing more market share from rivals, according to Kantar. Plus, annual results from Cranswick and interims from Greencore and SSP Group, with a trading statement from Hilton Food Group.
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News
Greencore names former Morrisons boss Dalton Philips as new CEO
Philips will replace outgoing CEO Patrick Coveney
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News
Future Food Movement launches sustainability training programme for food leaders
The programme, which aims to get food and drink businesses to net zero targets faster, is backed by leading food companies
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News
Cost price increases up by double digits Greencore warns
Greencore said packaging and labour costs had increased, leaving it no choice but to increase prices
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Analysis & Features
Why Greencore lost 11% of its value when CEO Patrick Coveney announced his departure
With Greencore now back on its feet, Patrick Coveney’s move to SSP Group took the market by surprise. He’ll find plenty to do in his new role
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News
City snapshot: Greencore returns to profit on food to go recovery
Food to go specialist Greencore has returned to profit as revenues recovered due to the relaxation of Covid restrictions. Plus, updates from Treatt, Marston’s and all the rest of the latest news from the City.
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News
Patrick Coveney leaves Greencore to join SSP Group as CEO
Greencore CEO Patrick Coveney is to leave the food-to-go specialist to take the reins at SSP Group
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News
City snapshot: Greencore fourth quarter sales back above pre-Covid levels
Greencore has seen further recovery in its fourth quarter to take revenues back above pre-Covid levels and full year operating profits at the upper end of expectations