Greencore Group

Greencore Group is engaged in convenience food business. Co. provides a range of food to go products supplemented by other chilled, frozen and ambient foods to major retail and food service customers in the U.K. and the U.S. Co.'s operating segments include: Co.'s Convenience Foods segment consist of convenience foods U.K. and convenience foods U.S., which is engaged in the production and sale of convenience food; and Ingredients & Property, which is engaged in the distribution of edible oils and molasses and the management of Co.'s property assets. Co. has seven U.S. convenience foods facilities and 15 U.K. convenience foods facilities.
  • TickerGNC
  • ISINIE0003864109
  • ExchangeLondon Stock Exchange
  • SectorFood Producers
  • CountryIreland

Analysts

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: Developed Markets Leadership Chart Book

Europe in focus The U.S. dollar continues to grind marginally higher, and EM equities have suffered as a result. Meanwhile, RS for the MSCI EAFE index is bottoming when compared to the MSCI EM index, largely due to outperformance in Europe. With developed int'l markets beginning to outperform emerging markets, we recommend adding exposure to the developed int'l space. Below we highlight attractive and actionable themes within developed int'l: • Europe & Japan: Though this is an all-encompassing bottoms-up chart book for developed ex-U.S., make no mistake, the vast majority of today's buy rec...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Opportunities in Europe, Japan As markets pull back amid the tariff saga we continue to believe this is an attractive time to add exposure. This view is supported by the technicals with all major global indexes (MSCI ACWI, ACWI ex-U.S., EAFE, and EM) pulling back to their respective 200-day moving averages... see charts below. • Actionable Sectors: Services and Consumer Staples in Europe and Japan. We often view the Services Sector as a defensive way to invest in Technology. We also highlight several Consumer Staples stocks within Europe (the STOXX 600 Food & Beverage index remains leadersh...

MarketLine Department

Bakkavor Group Limited - Strategy, SWOT and Corporate Finance Report

Summary Bakkavor Group Limited - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Bakkavor Group Limited (Bakkavor), formerly Diamond Newco plc, manufactures and distributes fresh prepared foods. Its products portfolio comprises sandwiches and sandwich wraps, ready meals, fresh cut fruit, fresh cut vegetables, sauces, salads, pizza, fresh produce, specialty bread ...

MarketLine Department

Orkla ASA - Strategy, SWOT and Corporate Finance Report

Orkla ASA - Strategy, SWOT and Corporate Finance Report Summary Orkla ASA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Orkla ASA (Orkla or ‘the company’) is a supplier of branded consumer goods and concept solutions to grocery, specialist retailers, bakery and out-of-home markets. The company’s products include margarine and butter blends, marzipan and ice c...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

MSCI EM in early stages of bottoming Our overall global outlook remains cautious and continued downward pressure on global equities remains our expectation. This belief is supported in part by the absence of bottoming price action for broad global indexes (MSCI ACWI, ACWI ex-U.S., and EAFE), which are still making lower highs and lower lows. However, one bright spot is EM (more on this below), which continues to give us hope that global equities can bottom out. • Emerging Markets. We began highlighting the MSCI EM index as leadership on a relative basis back in November, so continued outper...

Chris Wickham

Greencore - Lunch! Exhibition Reaffirms UK Momentum

British Sandwich Association led Food to Go trade fair “Lunch!” opened at the Excel Exhibition Centre in London yesterday. Key messages in the plenary sessions remain positive for Food to Go category volume growth. Lunchtime purchases should remain the strongest performer. Costs remain a concern - not just labour but also some key ingredients - notably butter. In our view Greencore (GNC LN, BUY, T/P 310p), which transacts 55% of its business in the UK, is well placed to resist input cost pressures, largely because of its scale and clear leadership. The group should be best positioned in ...

Chris Wickham

Greencore - Fear of Food’s Labour Lost

While recent market concern and potential negative newsflow for Greencore (GNC LN, BUY, T/P 310p) focused on the US, some market concern appears to remain that the UK business – while clearly one that enjoys sustained volume growth – may come under margin pressure due to higher employment costs. In particular, there is concern about the lack of availability of Central and Eastern European labour once the UK leaves the EU.

Chris Wickham

Greencore

Greencore (GNC LN, BUY, T/P 310p) issued a statement today in response to the recent weakness in its share price, which has been in the aftermath of a 27th July 2017 trading statement that confirmed expectations for the full year.

Chris Wickham

Greencore

Peacock Foods should ensure Greencore enjoys organic, profitable convenience food expansion in both the UK and US. The acquisition transforms America, in our view. Moreover, while long term mature market growth remains the salient investment case driver, Peacock’s benefits currently appear unrecognised in Greencore’s share price. BUY.

2 directors bought

Two Directors at Greencore Group bought 60,000 shares at between 127p and 129p. The significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Bakkavor Group Limited - Strategy, SWOT and Corporate Finance Report

Summary Bakkavor Group Limited - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Bakkavor Group Limited (Bakkavor), formerly Diamond Newco plc, manufactures and distributes fresh prepared foods. Its products portfolio comprises sandwiches and sandwich wraps, ready meals, fresh cut fruit, fresh cut vegetables, sauces, salads, pizza, fresh produce, specialty bread ...

MarketLine Department

Orkla ASA - Strategy, SWOT and Corporate Finance Report

Orkla ASA - Strategy, SWOT and Corporate Finance Report Summary Orkla ASA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Orkla ASA (Orkla or ‘the company’) is a supplier of branded consumer goods and concept solutions to grocery, specialist retailers, bakery and out-of-home markets. The company’s products include margarine and butter blends, marzipan and ice c...

MarketLine Department

Orkla ASA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Orkla ASA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Orkla ASA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights Thi...

MarketLine Department

Kerry Group plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Kerry Group plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Kerry Group plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Hig...

MarketLine Department

Premier Foods plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Premier Foods plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Premier Foods plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key...

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: Developed Markets Leadership Chart Book

Europe in focus The U.S. dollar continues to grind marginally higher, and EM equities have suffered as a result. Meanwhile, RS for the MSCI EAFE index is bottoming when compared to the MSCI EM index, largely due to outperformance in Europe. With developed int'l markets beginning to outperform emerging markets, we recommend adding exposure to the developed int'l space. Below we highlight attractive and actionable themes within developed int'l: • Europe & Japan: Though this is an all-encompassing bottoms-up chart book for developed ex-U.S., make no mistake, the vast majority of today's buy rec...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Opportunities in Europe, Japan As markets pull back amid the tariff saga we continue to believe this is an attractive time to add exposure. This view is supported by the technicals with all major global indexes (MSCI ACWI, ACWI ex-U.S., EAFE, and EM) pulling back to their respective 200-day moving averages... see charts below. • Actionable Sectors: Services and Consumer Staples in Europe and Japan. We often view the Services Sector as a defensive way to invest in Technology. We also highlight several Consumer Staples stocks within Europe (the STOXX 600 Food & Beverage index remains leadersh...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

MSCI EM in early stages of bottoming Our overall global outlook remains cautious and continued downward pressure on global equities remains our expectation. This belief is supported in part by the absence of bottoming price action for broad global indexes (MSCI ACWI, ACWI ex-U.S., and EAFE), which are still making lower highs and lower lows. However, one bright spot is EM (more on this below), which continues to give us hope that global equities can bottom out. • Emerging Markets. We began highlighting the MSCI EM index as leadership on a relative basis back in November, so continued outper...

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