Greencore Group plc is a leading international manufacturer of convenience foods. We have 22 convenience foods manufacturing sites in the UK and the US; and employ in the region of 12,000 people.

The Convenience Foods Division provides a wide range of chilled, frozen and ambient foods to major retail, manufacturing and foodservice customers in the UK and Ireland, as well as many in Continental Europe, the US and beyond. We have long-standing experience in customer brand as well as providing a selection of house and licensed brands. The Division consists of six manufacturing category businesses comprising 15 sites in the UK and seven in the United States. We also operate a UK nationwide chilled van distribution fleet to service individual outlets.

The Ingredients & Related Property Division comprises Trilby Trading and associate molasses companies as well as a specialist property team that is working to maximise the value of the Group's property assets.

At Greencore, we aim to provide a distinctive approach that combines consumer understanding with customer care and a passion for providing the very best products and service.


In 2011 Greencore became a founding member of the British Irish Chamber of Commerce.
Welcome from Group CEO




http://www.greencore.ie/

Greencore: Investec ups target price from 278p to 295p and maintains its 'buy' recommendation.

Top bombing.

1 Dec Berenberg 325.00 Buy

Greencore: Numis downgrades from 'add' to 'hold' with a target price of 296p.

Greencore: Investec ups target price from 295p to 315p and maintains a 'buy' recommendation

hope your right dc.,.

Nothing to do with me. lol

Interim Management Statement
RNS
RNS Number : 1834D
Greencore Group PLC
27 January 2015

27 January 2015

Greencore Group plc - Interim Management Statement



Continued good revenue growth in Convenience Foods



Greencore Group plc ("the Group") today issues its interim management statement for the period to 27 January 2015. Trading information relates to the 13 weeks to 26 December 2014 ("Quarter 1" or "Q1").



Quarter 1 Trading

The Group recorded revenue of £331.9m in the 13 weeks to 26 December 2014, an increase of 3.6% on the prior year on a reported basis and 4.4% on a like for like basis.



Convenience Foods

The Convenience Foods division recorded revenue of £320.4m, 4.9% higher than the prior year on a reported basis and up 5.4% on a like for like basis.



In the UK, like for like revenue was 3.6% higher than in the prior year. The overall grocery market remained challenging in Q1 with negative same store volumes and price deflation. Against this backdrop, our key chilled markets performed well with continued good growth in the food to go market and a positive performance in the chilled ready meals market. During the period, the extension to the existing Northampton sandwich facility was successfully commissioned with further product transfers due to take place by the end of January.



In the US, reported revenue was 34.1% higher than in the prior year and 19.5% higher on a like for like basis. This was driven principally by the continued rollout of new products with a key customer. The construction of the new facility in Rhode Island is nearing completion, with commissioning due to commence as planned in Q2.



Ingredients and Property

The Ingredients and Property division, which now represents less than 5% of Group activity, recorded revenues of £11.5m in Q1, £3.4m (22.8%) lower than the prior year in reported currency and 16.8% lower on a constant currency basis. As expected, revenue was impacted by the reduction in the commodity price of edible oils.



Financial Position

The Group's financial position remains strong with good headroom within existing debt facilities.



Outlook

The Group remains well placed with strong positions in growing product categories. Notwithstanding the challenges of the UK grocery retail market, the business has had a good start to the year with encouraging growth against a strong comparator period last year. The integration of new business in Jacksonville and the first expansion phase in Northampton are now close to completion. We remain confident in our ability to deliver performance in line with market expectations.



Conference Call

A conference call for investors and analysts will be held at 8.30am GMT today. Dial in details are below and a replay facility will be available afterwards at www.greencore.com.

Greencore: Berenberg ups target price from 325p to 350p and keeps a 'buy' recommendation.

Hmm, looks like I got out too early.,.

Greencore Group PLC (GNC:LSE) set a new 52-week high during Wednesday's trading session when it reached 306.70. Over this period, the share price is up 21.20%

Holding(s) in Company

JPMorgan Asset Management (UK) Limited

J.P. Morgan Investment Management Inc. >4%

JPMorgan Chase Bank, National Association


http://www.moneyam.com/action/news/showArticle?id=4968709

IC - Guide to the Ftse 350 -

Food producers and household goods


Favourites - Greencore, Dairy Crest, Unilever, Reckitt Benckiser, PZ Cussons


Greencore's investments in the US should pay off this year and next following strong sales growth and a number of customer wins

Greencore Group PLC (GNC:LSE) set a new 52-week high during today's trading session when it reached 321.50. Over this period, the share price is up 32.64%.

Greencore Group PLC (GNC:LSE) set a new 52-week high during today's trading session when it reached 354.10. Over this period, the share price is up 35.00%

got out tooo early.... should have had more faith.,.

You sound like George Michael :-))

Cause I gotta have faith
I gotta have faith
Cause I gotta have faith, a faith, a faith
I gotta have faith, a faith, a faith

Ah, thank goodness. I thought you were talking about the 'got out too early' part!

LOL harry.,.