The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://www.insidermedia.com/insider/central-and-east/venture-park-fully-let-following-double-deal
at an earnings presentation to investors and analysts in London, CEO Patrick Coveney, said the new relationships, which amount to six in total, as the group has also struck contracts with three consumer packaged goods companies, will generate $50m in revenue in 2018.
Mr Coveney said Greencore has "never been stronger", and insisted investors will reap the benefits of the restructuring in the years ahead, as capital expenditure as a percentage of revenue begins to dwindle, delivering better shareholder returns. But he acknowledged it had been a difficult year and said, as a result, Greencore has scrapped bonus payments this year.
Greencore has struck a deal with Amazon to provide meal kits and sandwiches to the US giant's online grocery delivery service, according to sources. The addition of such a globally prominent brand to the convenience food producer's retail customer base is likely to boost confidence in the group
M&S customers asked the company to bring out Christmas sandwiches early, the firm did just that, with a whopping 1 million already sold so far. The most Turkey Feast Sandwiches have been sold at the London Waterloo outlet, and customers in Norwich are embracing the flexitarian trend with the brand new Vegan Chestnut Roast Wrap.
Fears Over Greencore's U.S. Business Are Overdone, Says Investec -- Market Talk 0835 GMT - Concerns over competition and a lack of new contracts for Greencore's U.S. business are exaggerated, according to Investec, which says a 22% decline in the stock in 2017 to date creates a buying opportunity. The brokerage notes the acquisition of rival food manufacturer AdvancePierre by Greencore's largest U.S. customer, Tyson Foods, but says it doesn't believe the purchase provides sufficient scale efficiencies for Tyson to consider ending its contract with Greencore. Investec says the end of Greencore's frozen sandwich contract with Starbucks shouldn't overshadow its long-term opportunities in the U.S. following its acquisition of Peacock Foods in 2016. Investec keeps a buy rating and 300 pence target price on the stock. Shares are up 0.60 pence, or 0.3%, at 190.60 pence.
Gobble up Greencore I also reckon those seeking hot dividend expansion could do a lot worse than check out Greencore (LSE: GNC). City analysts are expecting earnings to have fallen 2% in the period ending September 2017, although this is not predicted to have put paid to Greencore�s progressive dividend policy � a reward of 5.9p is currently anticipated, up from 5.47p last year. And assisted by an anticipated return to earnings expansion in the current year (an 11% increase is projected), shareholder rewards are expected to rise to 6.3p. As a result the yield clocks in at a decent 3.4%. Greencore continues to witness solid demand growth in both the UK and US, with the �Food To Go� foods segment driving business at home, and recent acquisition activity Stateside boosting revenues there. As a result sales on a pro forma basis popped 11.8% higher during quarter three of the last fiscal year, to �636.5m. I reckon Greencore is a great pick right now given its impressive sales outlook, and particularly in light of its ultra-low forward P/E ratio of 10.8 times. source the motley fool
cant work this share out lately it was getting very close to my dumping price then it rises a bit again today, if only the rises were as much as the drops. Anyway few dividend to keep me happy until the weekend onward and upwards #keepfaith
cant work this share out lately it was getting very close to my dumping price then it rises a bit again today, if only the rises were as much as the drops. Anyway few dividend to keep me happy until the weekend onward and upwards #keepfaith
Britain's FTSE 100 has shed £60billion this week, amid rising fears the Kim Jong-un's rogue state is heading to nuclear war with the US. The top stock index sank another one per cent this morning to hit a one-month low of 7,305. France's CAC and Germany's DAX were also down, after panic hit Asian markets overnight, as well as Wall Street's Dow Jones and S&P 500. The Dow Jones is down one per cent yesterday and could see further losses when trading opens Friday. Take a gamble we need sandwiches in a post nuclear apocalypse
same here slowly got the bulk of mine at 60p so can't really complain or knock convey for the way he's pulled it round. No plans on selling either in for the long term now plenty of good dividends to come in future years I shall be adding More shares over the coming years too
Greencore has reported revenue increase of £636.5m (€713m) for the three months to 30 June 2017, according to the latest trading statement from the company. The performance is a 76pc increase in revenue on the same period last year on a reported basis. On a pro forma basis revenue has increased 11.8pc. Year-to-date, the group recorded revenue of £1,646.8m, 56.5pc ahead of the prior year, and 8.8pc ahead on a pro forma basis. The increased revenue was driven by strong sales of convenience foods in the UK, Ireland and the US. Yet they still seem to be struggling. Am I missing something?