Greencore Group

A bridge too far? Assessing Greencore’s revenue growth ambitions

  • Sectors : Foods
  • Companies : Greencore Group

Ratings and price correct at time of issue.

  • Greencore Group

    Closing Price: 253p

  • RATING 13/03/18

  • PREVIOUS RATING 20/06/13



Across our coverage universe, the incidence of slowing growth has become more commonplace. Greencore’s recent trading proves this dynamic and prompts us to test its medium-term revenue growth targets. To achieve its ambitions, Greencore needs to extend its product proposition beyond the core flywheel into higher growth adjacencies and channels. With modest margin expansion anticipated, revenue growth and capital allocation become key determinants in achieving medium-term EPS targets.

Download full report with analyst certification and important disclosures

Jan 9 2020, 06:30 GMT