Greencore Group

Volume growth a game of inches

  • Sectors : Foods
  • Companies : Greencore Group

Ratings and price correct at time of issue.

  • Greencore Group

    Closing Price: 102p

  • RATING 13/03/18

  • PREVIOUS RATING 20/06/13



The long-term effects of the pandemic on consumer purchasing patterns are still unclear. In the immediacy, addressing productivity will become table stakes in rebuilding profit in a reshaped demand environment. In a more operationally levered (lower volume) situation, small changes in volumes may have an outsized impact on profits. While the revenue rebuild in Greencore’s key food-to-go category from the April trough has been noteworthy, visibility is low and the effects of more recently imposed mobility restrictions remain unclear.

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Oct 12 2020, 07:00 IST/BST