GREENCORE GROUP

Greencore raised its forecast for adjusted operating profit for the full year in its Q3 trading update for fiscal 2026. Pro‑forma revenue rose 3.2% in the quarter to £1,024m, and the acquired Bakkavor business recorded volume growth of 1.0% after a decline in the prior quarter. Management reaffirmed its target to deliver at least £80m of annual cost synergies, prompting investor buying and a strong rise in the share price. » More on de.investing.com

Greencore reports a pro‑forma adjusted operating profit that rose 15% to £73.3m and a pro‑forma revenue increase of 3.2%. Group revenue climbed to £1,318m (+43%) mainly due to the first-time consolidation of BAKK; the adjusted operating result is expected to deliver synergies of at least £80m within three years. Net financial debt stood at £817.6m (prior year £136.2m). Greencore confirms its full-year guidance of around £222m adjusted operating profit (excluding the US business) and reports a robust performance in the year‑to‑date third quarter, alongside short-term measures to counter inflationary risks in the Middle East context. » More on de.investing.com

THG is taking its Myprotein brand into the on-the-go market through a licensing partnership with Greencore: planned products include protein-rich salads and wraps, to be offered nationwide in Sainsbury’s stores with possible expansion to other retail formats. The cooperation is intended to support Myprotein’s goal of increasing its presence in brick-and-mortar retail to 100,000 locations and to complement the existing protein portfolio. THG reports that licensed products sold more than 43 million units in 2025 and expects over 60 million units in 2026. » More on de.investing.com