Last checked at 21 May 2020 17:01
21 May 2020
Greencore Group plc
Covid Corporate Financing Facility
Greencore Group plc ("Greencore" or "the Group"), a leading manufacturer of convenience foods in the UK, announces that it has received confirmation of its eligibility to access funding under the Covid Corporate Financing Facility ("CCFF") with an issuer limit under the CCFF of £300m.
For further information, please contact:
Patrick Coveney |
Chief Executive Officer |
Tel: +353 (0) 1 486 3313 |
Emma Hynes | Chief Financial Officer | Tel: +353 (0) 1 486 3307 |
Jack Gorman | Head of Investor Relations | Tel: +353 (0) 1 486 3308 |
This announcement contains inside information.
About Greencore
Greencore is a leading manufacturer of convenience food in the UK. It supplies grocery and other retailers including all of the major UK supermarkets. The Group has strong market positions in a range of categories including sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.
The Group's medium term financial ambitions are for mid single-digit organic revenue growth, high single-digit Adjusted EPS growth, the conversion of half of its Adjusted EBITDA to Free Cash Flow and for mid-teen ROIC.
For further information go to www.greencore.com or follow Greencore on social media.