Greencore Shares Soar As Ready Meals Maker Beats Earnings Expectations For Third Time

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 35 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 98%

Business ข่าว

Greencore Group,Earnings,Shares

Greencore Group's shares reached their highest point since the start of the Covid-19 pandemic on Tuesday after the company announced that its 2024 earnings estimates would surpass analysts' expectations for the third consecutive time. The Dublin-based food group, which supplies ready meals and sandwiches to major retailers like Aldi and Marks & Spencer, revised its adjusted operating profit forecast upwards.

Greencore Group’s shares soared to their highest level since the outbreak of the Covid-19 in early trading on Tuesday as the marker of sandwiches and ready meals for Aldi to Marks and Spencer said its 2024 earnings estimates would beat analysts’ expectations for a third time.

Analysts suggested that Greencore may see its earnings rise towards its pre-pandemic peak of £105 million in its current financial year. The group’s chief executive, Dalton Phillips, has targeted reaching that level in 2026. “The Greencore team delivered an outstanding performance with our fiscal year 2024 results now expected to exceed current market expectations,” said Mr Phillips, who took over from long-servicing CEO Patrick Coveney two years ago.

Greencore’s sales rose an annual 3.7 per cent on a like-for-like basis in the fourth quarter and expects to officially report full-year revenues of about £1.8 billion when it publishes its results in December.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 3. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Foil, Arms and Hog rake in €312k as comedy trio's company profits soarPopular Irish comedy group Foil, Arms and Hog have seen their company profits skyrocket in 2023. Their company, Foil, Arms and Hog Limited, almost doubled its cash pile to €140,000 and recorded a profit of €84,282.
แหล่ง: IrishMirror - 🏆 4. / 98 อ่านเพิ่มเติม »