Greencore eyes return to acquisitions trail as profits top forecast
Sandwich maker’s results top its own forecasts
Greencore
Short-traders take a bite out of Greencore shares
Full amount of shares at Irish sandwich maker currently out on short bets is close to £15 million
The Irish Times Business Person of the Month: Dalton Philips, Greencore
In October, Irish convenience foods group upgraded its full year financial forecasts for a third time this year
Greencore shares soar to highest level since Covid on earnings upgrade
Shares in UK’s largest sandwich maker rose as much as 9 per cent in early trading
Europe’s main indices dragged lower by falling luxury stocks
Iseq index shed 0.6% despite relief for Ryanair
Greencore upgrades earnings outlook as revenue increases
Convenience food group said it expects full-year adjusted operating profit to be in a range of £88m-£90m
Patrick Coveney’s SSP subject to short bets on share price
Bolivia has huge reserves of lithium, an area of interest for the John Teeling-founded Irish company
Greencore recalls sandwiches and wraps in UK amid E.coli outbreak
Bacteria was not found in products but Dublin-listed company took ‘precautionary measure’
Coveney shows faith in SSP Group shares
FTSE-listed food group’s share price has been dropping of late despite the CEO’s purchase of 40,000 shares
Greencore still mired in ‘lost decade’ even as first-half results drive stock up 20%
Post-Covid management team trying to turn business around, addressing loss-making facilities and need for investment
Greencore shares soar after it announces strong results and £50m return to shareholders
Dublin-based company attributed a dip in revenue to its decision to exit a number of low-margin contracts in 2023
Global stocks rise as investors await key US inflation data
Ryanair lagged behind its peers as it dropped 40 basis points following comments last week on the pricing of fares
‘No silver bullet’ for Greencore as activist’s stake breaches 5% – Davy
Shares at the sandwich maker rallied 63% in London over the past 12 months but remain 60% below 2016 peak
Unsolicited bid for Brown Thomas Arnotts, nursing home losses, and Dalton Philips plan to rebuild profits at Greencore
The best news, analysis and comment from The Irish Times business desk
Greencore boss Dalton Philips: ‘I love food. I love cooking it, I love buying it, I love eating it. I’m a total foodie’
After four years of ‘carnage’, Dalton Philips is rebuilding profitability at convenience group Greencore and hoping to set it back on a path to growth
Greencore revenue dips but company on track to meet forecasts for full year
Group has exited a number of contracts with ‘sub-optimal returns’
Pensions regulator to bare teeth, Greencore’s HQ move, and big isn’t always better when buying engagement ring
The best news, analysis and comment from The Irish Times business desk
Greencore signs for new headquarter offices at Dublin Airport Central
Former DAA chief executive Dalton Philips set to return to airport campus in new role as head of convenience food giant
Greencore rally brought to a halt by sushi slump and rising wages
Shares in the group slid by as much as 9% this week as investors digested results
Proof will be in the pudding for Greencore
Company’s revenues and profits are up but volumes remain tight while costs continue to rise
Convenience food group Greencore expects inflation pressures to ease to 2-3% next year
Irish food group reports 10 per cent rise in revenue for year to the end of September
Greencore agrees £350m sustainability linked credit facility
New facility will give company financial flexibility for growth
Greencore revenue rises despite ‘challenging’ market
Food group says it will continue €58m share buyback scheme announced last year
Shares tread water despite hawkish central bank comments
Iseq index underperformed its peers, shedding 0.1%
Watchdog warning, DAA’s ‘good luck’ to airport land buyers and how to save on your mortgage
Business Today: the best news, analysis and comment from The Irish Times business desk
Greencore’s Philips taps former DAA colleague for CFO role
Catherine Gubbins had brief stint as chief executive of airport authority last year
Weir’s extends reach on both sides of the Liffey
Any Other Business: Phelan’s Phoenix project; Coveney’s challenge; Slattery’s Vertical payout; Epicurean delight promised; Glass Bottle site confusion
UK retail suffers major casualty as discount chain Wilko collapses
Failure of rescue talks with prospective suitors puts 12,000 jobs at risk
Government told DAA to give company car to former chief
Dalton Philips’ Range Rover cost State airports company €57, 000
Global shares edge higher in advance of Fed rate hike decision
Euronext Dublin outperformed peers as it climbed 0.6 per cent on the back of some of its heavy hitters
Greencore’s sales rise with help of ‘meal deals’
More than half of sandwiches being bought in supermarkets part of promotion sale
Greencore surprises investors by sticking to earnings guidance in ‘challenging’ UK market
Food company led by chief executive Dalton Philips saw shares rise in London as figures for financial year are ‘in line with current market expectations’
Dublin-based bank’s Russian exposure, car insurance premiums drop, and ensuring your home is not underinsured
Business Today: the best news, analysis and comment from The Irish Times business desk
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