Archive of all Greencore articles – Page 3
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NewsGreencore sales bounce back as food to go recovers
Greencore has posted “strong revenue momentum” in its third quarter, with group pro forma revenue 53.1% above prior year levels and only 2.8% below equivalent pre-COVID levels in the same quarter of 2019
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NewsGreencore predicts strong bounceback of food to go as lockdown ends
The UK’s largest sandwich maker this week said sales fell by a further 19% to £577.1m in the six months to 26 March
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NewsCovid restrictions hit first half sales at Greencore
Sales fell by a further 19% in the first half at Greencore as coronavirus restrictions continued to hit its food to go business.
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NewsGreencore commits to fully recyclable packaging by 2025
Sandwich giant Greencore will commit to producing only recyclable or reusable packaging by 2025 as part of a wider sustainability drive presented to investors and analysts later today.
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NewsSecond lockdown hitting food to go less hard, says Greencore
Greencore said sales had decreased far less dramatically since the advent of new tiered restrictions
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NewsCity snapshot: Greencore raises £90m as coronavirus impact drives annual loss
Greencore has raised £90m in a share placement as the impact of the coronavirus outbreak led to a double-digit drop in annual sales and a pre-tax loss of more than £10m. Plus, on the busy morning, trading updates from Cranswick, Compass Group, Pets at Home and all the rest of the latest news from the City.
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NewsCity Snapshot: Profits slump at Greencore but demand for food-to-go returning
Profits have slumped 40% at Greencore as the coronavirus crisis pushed up costs and saw revenues nosedive, but food-to-go demand started to return in the fourth quarter. And Italian food group Newlat Food has proposed an acquisition of bread maker Hovis.
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NewsGreencore follows 2 Sisters and Cranswick with Covid site closure
The own label giant’s Northampton plant has been temporarily closed after almost 300 staff tested positive
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NewsGreencore factory in Northampton hit by major coronavirus outbreak
Nearly 300 employees at the Northampton facility have tested positive for the virus
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NewsSamworth Brothers picks up Urban Eat sandwich brand from collapsed Adelie
The brand was sold to Samworth for £6.4m, following Adelie appointing Deloitte as administrator on 26 May
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Analysis & Features📍Map: locations of UK food businesses with coronavirus outbreaks
These are the locations of UK food manufacturing, packing and farming facilities where coronavirus outbreaks have been confirmed
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NewsAdelie Foods rescue deal scuppered by competition concerns
The Grocer understands listed food-to-go giant Greencore had agreed a deal to take on Adelie as a going concern
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NewsGreencore and Bakkavor’s food to go businesses savaged by coronavirus outbreak
While the supermarkets have experienced unprecedented levels of demand and sales growth in the midst of the coronavirus outbreak, the demand mechanics for two key listed grocery suppliers have been rather more mixed.
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NewsCity snapshot: Greencore suspends financial guidance as coronavirus hits retail sales
The sandwich manufacturer said following the implementation of a UK-wide lockdown, it experienced a “marked reduction” in demand for its food-to-go options in retail
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NewsEmma Hynes to return to Greencore in role of chief financial officer
Hynes spent more than 11 years with Greencore
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NewsGreencore share price recovery hits bump in the road
Greencore’s share price resurgence after its humbling exit from the US last year hit turbulence this week on a significant slowdown in growth.
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NewsGreencore profits rise after ‘fundamental reset’
Convenience foods specialist Greencore has posted an improvement in underlying sales and profits after “fundamental reset” of the business following its exit from the US.
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NewsGreencore acquisition and trading momentum impresses City
After its humbling retreat from the US earlier this year, the City is looking more favourably on Greencore again, encouraged by strategic acquisitions and improved trading momentum.
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NewsGreencore agrees £56m deal for Freshtime UK
Greencore has announced it has agreed to acquire Freshtime, a UK-based supplier of food-to-go-salads, chilled snacks and prepared produce.
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NewsFood to go drives 5.8% organic first quarter uplift for Greencore
Sandwich giant Greencore has posted a 5.8% rise in first quarter like for like sales.