Greencore Group

GNC: 267.70 +11.50 (+4.49%) delayed: 13 Dec 2019, 9:50

Trade now

Greencore Group Fundamentals

Share Price Information

Name Greencore Group
Epic GNC
Sector Food Products
ISIN IE0003864109
Activites Greencore plc 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, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings. On an annual basis, Greencore manufactures around 706 million sandwiches and other food to go products, 144 million chilled prepared meals, and 226 million bottles of cooking sauces, pickles and condiments. The Group carries out around 7,500 deliveries to stores each day. Greencore has 15 world-class manufacturing sites in the UK, with industry-leading technology and supply chain capabilities. The Group employs approximately 11,300 people and is headquartered in Dublin, Ireland.
Index FTSE 250

Key numbers

Latest Share price (p) 267.70 Net gearing (%) 70.15
Market capitalisation (£m) 1,149.02 Gross gearing (%) 73.72
Shares in issue (m) 446.05 Debt ratio 61.04
P/E ratio 12.95 Debt-to-equity ratio 0.56
Total dividends per share (p) 6.20 Assets / equity ratio 3.81
Dividend yield (%) 2.03 Price to book value 3.76
Dividend cover 3.21 ROCE (%) 7.19
Earning per share (p) 19.90 EPS growth (%) 314.58
52-week high / low (p) 259.30 / 160.90 DPS growth (%) 11.31

Results at a glance

Date Type Turnover (£m) Profit (£m) Basic EPS Currency
27 Sep 2019 Full Year 1,446 108 19.90 GBP
28 Sep 2018 Full Year 1,499 37 4.80 GBP
29 Sep 2017 Full Year 2,320 14 1.90 GBP

Dividend history

Period Ex-date Pay-date Net dividend Currency Total for year
H2 Dividend 02 Jan 2020 28 Feb 2020 3.75 GBX 6.20
H1 Dividend 30 May 2019 03 Jul 2019 2.45 GBX 0.00
H2 Dividend 10 Jan 2019 05 Feb 2019 3.37 GBX 5.57
H1 Dividend 30 Aug 2018 04 Oct 2018 2.20 GBX 0.00
H2 Dividend 07 Dec 2017 05 Apr 2018 3.37 GBX 5.47
H1 Dividend 01 Jun 2017 03 Oct 2017 2.10 GBX 0.00
H2 Dividend 01 Dec 2016 04 Apr 2017 4.10 GBX 6.65
H1 Dividend 02 Jun 2016 04 Oct 2016 2.55 GBX 0.00
H2 Dividend 03 Dec 2015 04 Apr 2016 3.75 GBX 6.15
H1 Dividend 04 Jun 2015 02 Oct 2015 2.40 GBX 0.00
H2 Dividend 04 Dec 2014 02 Apr 2015 3.25 GBX 5.45

Contact details

Company name Greencore
Address St. Stephen's Green House, Earlsfort Terrace, Dublin 2.
Telephone +35 31 605 1000
Website http://www.greencore.com/

Advisors

Company's broker Davy
Company's joint broker Goodbody Stockbrokers
NOMAD n/a
Registrar Computershare Investor Service
Auditors KPMG Audit
Solicitors Arthur Cox

Directors

Appointed Director Position
05 Sep 2005 Patrick Francis Coveney Chief Executive Officer
03 Oct 2016 Eoin Tonge Chief Financial Officer
21 May 2019 Peter Haden Chief Operating Officer
20 Nov 2008 Paul Gareth Kennedy Non-Executive Chairman
30 Jan 2013 John Anthony Warren Non-Executive Director
01 Dec 1999 Partick Redmond O`Donoghue Non-Executive Director
11 Apr 2018 Helen Claire Rose Non-Executive Director
08 Feb 2013 John Joseph Moloney Non-Executive Director
30 Jan 2013 Heather Ann McSharry Non-Executive Director
17 May 2013 Sylvia Bailey Non-Executive Director

Company financials

Assets (£m) 2019 2018 2017
Reporting date 27 Sep 2019 28 Sep 2018 29 Sep 2017
Tangible assets 333 323 486
Intangible asssets and goodwill 483 425 1,078
Investments and other non-current assets 86 65 118
Total non-current assets 902 813 1,682
Inventory / work in progress 46 39 82
Trade and other receivables 174 181 255
Cash and equivalents 42 37 20
Other current assets and asset held for resale 1 945 0
Total of all assets 1,164 2,016 2,038
Liabilities (£m) 2019 2018 2017
Short term liabilities 379 599 479
Long term liabilities 479 673 849
Other liabilites / pension etc 0 0 0
Total of all liabilities 858 1,272 1,328
Net assets (£m) 2019 2018 2017
Net assets 306 744 711
Equity (£m) 2019 2018 2017
Share capital 5 7 7
Minority interests 6 6 5
Retained earnings 0 0 0
Share premium account 0 651 648
Other equity 295 79 51
Total equity 306 744 711
Cash Flow (£m) 2019 2018 2017
Cash from operating activities 87 130 118
Cashflow before financing 800 67 -608
Increase / decrease in Cash 4 17 -5
Income (£m) 2019 2018 2017
Turnover 1,446 1,499 2,320
Cost of sales 972 1,023 1,694
Gross profit 474 476 625
Operating profit 100 50 43
Pre-tax profit 56 18 12
Profit / loss for the year 108 37 14