Greencore Share News (GNC)

LONDON MARKET CLOSE: London dips as eyes turn to UK inflation reading

(Alliance News) - Stock prices in London closed in the red on Tuesday, as investors nervously eye a key UK inflation reading, which could prompt the Bank of England to consider interest rate cuts.

TOP NEWS: Greencore to reintroduce dividend if trading goes to plan

(Alliance News) - Greencore Group PLC on Tuesday said it will launch a GBP30 million share buyback and added that it could return to the dividend list should it trade as expected.

Greencore shares surge on bright outlook, share buyback

(Sharecast News) - Greencore Group's share price surged on Tuesday morning after the convenience food manufacturer reported a huge jump in first-half profits and launched a share buyback programme as it guided to full-year earnings ahead of market forecasts.

Tritax Big Box REIT completes merger amid strong opening quarter

(Alliance News) - Tritax Big Box REIT PLC on Friday reported increased rental income from development activity in the three months ended March 31, ahead of its merger with UK Commerical Property REIT Ltd.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

PRESS: Activist investor Oasis owns just under 5% of Greencore - FT

(Alliance News) - Oasis Management Co has built up a stake in Greencore Group PLC, the Financial Times reported on Friday.

SMALL-CAP WINNERS & LOSERS: City of London Inv Group increases FuM

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

IN BRIEF: Greencore completes GBP15 million share buyback programme

Greencore Group PLC - Dublin-based maker of package sandwiches and other convenience food - Completes GBP15 million share buyback programme. In October, Greencore started its share buyback programme as part of a GBP50 million return of capital to shareholders announced in May 2022. The buyback will run until March 30, at latest, with the maximum amount of shares bought back being 26.6 million.

IN BRIEF: Greencore Non-Exec Anne O'Leary buys 50,000 shares

Greencore Group PLC - Dublin-based maker of package sandwiches and other convenience food - Non-Executive Director Anne O'Leary buys 50,000 shares at GBP1.05 each, worth GBP52,256, in London on Tuesday.

Director dealings: Greencore non-executive director makes share purchase

(Sharecast News) - Greencore revealed on Thursday that non-executive director Linda Hickey had acquired 50,000 ordinary shares in the London-listed food company.

IN BRIEF: New Greencore senior director buys GBP50,000 in shares

Greencore Group PLC - Dublin-based maker of package sandwiches and other convenience food - Senior Independent Director Linda Hickey buys 50,000 shares at GBP1.00, worth GBP50,000, on Tuesday. Hickey stepped up to senior director in January, replacing Sly Bailey.

LONDON BROKER RATINGS: Deutsche Bank starts Deliveroo at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

IN BRIEF: Greencore says annual profit will meet market expectations

Greencore Group PLC - Dublin-based maker of package sandwiches and other convenience food - Tells annual general meeting on Thursday that revenue declined by 4.7% annually in the first quarter of its financial year to GBP441.3 million. However, on a pro forma basis, which adjusts for the disposal of Trilby Trading Ltd in Ireland last year, revenue is down just 0.4%. On a like-for-like basis, it is up 5.8%. Greencore's largest category, food-to-go, has GBP293.7 million in revenue, up 0.9% on a both a reported and pro forma basis, while other convenience categories has GBP147.6 million in revenue, down 14%, or by 3.0% pro forma.

Greencore holds guidance despite Q1 revenue fall

(Sharecast News) - Food supplier Greencore said it was in track to meet market expectations for the financial year, despite a fall in first-quarter sales.