Greencore Share Discussion Threads

[blackhorse23] 26/1/2024 10:18

Yes 50m buy back over 22-23 , still another 5m left to buy back. that's 10% shares out from market. I am excited next announcement whether dividends or / and share buy back

[kelso29] 26/1/2024 10:00

Blackhorse
The £50 million was for 2 years ie £10 million of buybacks at H1 and £15 million at year end. At The current rate the buybacks will finish at the end of February(over £5m still to do).
I think this will be the end of buybacks and at H1 (21 May) they will declare an interim dividend of at least 2p. share price should be a lot higher then.

[blackhorse23] 26/1/2024 09:33

New net profit forecast £85 million, what are they going to do this year?? Last year GNC have returned £50 million to shareholders & this year likely more return for shareholders

[blackhorse23] 26/1/2024 09:23

150p next stop

[forethought] 26/1/2024 08:53

Looking like we're breaking out into a new trading range. About time too.

[blackhorse23] 26/1/2024 08:08

790k block buying?

[blackhorse23] 26/1/2024 08:03

Buy back continues

[blackhorse23] 25/1/2024 20:20

https://bakeryinfo.co.uk/finance/greencore-like-for-like-sales-up-58-in-first-quarter/687516.article

[djb3] 25/1/2024 19:13

Blackhorse2325 Jan '24 - 15:10 - 1397 of 1397
0 0 1
Block buying 217k few times , something brewing

Sh1t in your pants with all your losers?...

[blackhorse23] 25/1/2024 15:10

Block buying 217k few times , something brewing

[blackhorse23] 25/1/2024 15:07

772k buying over bidding price

[blackhorse23] 25/1/2024 11:50

https://www.insidermedia.com/news/national/strong-first-quarter-for-greencore-group

[blackhorse23] 25/1/2024 08:22

Bought more today , double from here

[blackhorse23] 25/1/2024 08:07

Towards 110p today

[blackhorse23] 25/1/2024 08:02

Net profit higher than last year , last year 70m & this year 85m

[blackhorse23] 25/1/2024 07:55

Level 2 bidding activity is good , looks like another good day

[blackhorse23] 25/1/2024 07:54

Share buy back another 6.5m pound to go as well

[forethought] 25/1/2024 07:52

This is inline with as expected. Steady predicted increase of profit. Didn't expect mention of the dividend while we still have the share buyback continuing. I see a steady rise to 110 over the coming weeks/months. No fireworks.

[blackhorse23] 25/1/2024 07:51

This Q1 update , dividend mentions at half year results which is in March

[kelso29] 25/1/2024 07:36

Update is OK, no mention of dividends so I think the market will be disappointed and we will drop below 100p.

[blackhorse23] 25/1/2024 07:21

Consensus FY24 market expectations of Adjusted Operating Profit range of GBP80.5m to GBP85.0m, as compiled by Greencore from available analyst estimates on 15 January 2024 and as reported in the Investor Relations section of the Group website.. last year profit was 70m

[blackhorse23] 25/1/2024 07:20

In Q1, the Group refinanced its debt facilities with a new five year GBP350m sustainability linked revolving credit facility ('RCF'), maturing in November 2028 with the option to extend for up to a further two years. The facility also includes a GBP100 million accordion option. This new facility replaces the existing GBP340m RCF that was due to mature in January 2026.

[scepticalinvestor] 25/1/2024 07:17

-10% open?