Greencore's profits up 15% after Bakkavor acquisition

Greencore's profits up 15% after Bakkavor acquisition

Irish convenience food manufacturer Greencore has published its financial results for the first six month of its financial year. It reported revenue growth of 3.2% to £1,318 million and operating profit of 15.3% to £73.3 million.

Greencore profits hit by Bakkavor acquisition costs

Greencore takes a bottom line hit tied to Bakkavor deal costs Greencore, a Dublin headquartered prepared foods company, reported that its first half profits were pressured by costs linked to its acquisition of Bakkavor. The company released its first results since completing the deal, and the most…

Greencore’s first-half profits hit by costs linked to Bakkavor acquisition

Greencore has issued its first results since the acquisition of Bakkavor, with a notable hit on the bottom line due to associated costs.The post Greencore’s first-half profits hit by costs linked to Bakkavor acquisition appeared first on Just Food.

Greencore reports 15.3% adjusted operating profit growth after Bakkavor acquisition

Greencore has credited disciplined cost management and its operational excellence programme after reporting 15.3% growth in adjusted operating profit for the first half of its financial year. The food-to-go maker recorded pro forma adjusted operating profit of £73.3m during the six-month period to the end of March, up nearly £10m from £63.6m for the same period last year. Pro forma revenue from continuing operations increased 3.2% year-on-year f…

Greencore reports strong H1 performance

Greencore has reported a strong set of H1 FY26 results, driven by revenue growth, improved profitability and progress on the integration of Bakkavor following its acquisition earlier this year. The business delivered proforma revenue growth of 3.2% during the first half, while proforma adjusted operating profit increased 15.3% to £73.3 million. Greencore said the performance reflects disciplined cost management and the ongoing benefits of its op…

Greencore expects 2026 operating profit 'in line' with expectations

Irish-based convenience food company Greencore has announced its results for the half-year 2026 (HY26), ending March 27, saying it expects full-year adjusted operating profit in line with market expectations. The business’ financial statement for HY26 is on a ‘pro forma’ basis, taking account of the acquisition of UK convenience food company Bakkavor in January and the disposal of its Bristol chilled soups and sauces manufacturing site as part o…