Financial analysis of greencore

The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers and acquisitions, recent developments, key employees, company locations and subsidiaries as well as competitive benchmarking data. Key Findings This report is a crucial resource for industry executives and anyone looking to access key information about "Greencore Group plc" The report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. Canadean strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report. Synopsis Greencore Group plc Greencore manufactures and supplies convenience foods and ingredients.

Financial analysis of greencore

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Latest Greencore Group PLC (GNC:LSE) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Canadean's "Greencore Group plc: Consumer Packaged Goods - Company Profile, SWOT and Financial Analysis" contains in depth information and data about the company and its operations. Greencore Group plc was founded in and is headquartered in Dublin, Ireland. Receive GNC News and Ratings via Email Sign-up to receive the latest news and ratings for GNC and its competitors with MarketBeat's FREE daily newsletter.

As a result of this meeting set goals and profit margin became harder which is some circumstances forced companies to try to reduce their losses which can become a catalyst for the sale of acquisitions that might be deemed as surplus to requirements in some circumstances.

Greencore is no exception to the effects of this economic climate and it too went through some restructuring of some sort. Through this project we analysed and tracked changes in Greencore Group over the last 12 months.

We focused on the share price, capital structure, dividend policy, and future direction of the company in hope of getting a better understanding of their dealing and ethos. The company function under two segment, convenience food and ingredients and related property.

The convenience foods comprises of sandwiches, chilled prepared and soups, ambient sauces and pickles, cakes and desserts and Yorkshire puddings and incorporate the purchases and trading of gains, vegetable oils and import and distribution of cane and beet molasses.

Over the year have established an out-standing experience in customer brand and provide a selection of house and licensed brands. It has accommodated a UK nationwide chilled van distribution fleet so as to cater for individual outlets.

Financial Analysis of Greencore Group PLC Essay Sample

The ingredients and related property segment that produces malt in Ireland, the United Kingdom and Belgium was associated with the action taken by the board to fulfil its objective as a business.

This seems to signal poor prospects for the company and the price of shares start to fall. February In this month Greencore had announced that they were to sell off their Malt distilling unit to Axereal a French co-op which consisted of Agralys and Epis Centre merging.

The main purpose of selling off this unit was so that they could focus on their key operatives and reduce overall debt. Our analysis is that this has lessened the perceived value of the company and the general share price for the month has dropped.

Within the same month Greencore announced that they will issue , with voting rights the total amount of shares issued amounted to ,, with the difference of 3, attributing to treasury shares. March Confirmation made by the company that they have completed the disposal of malt and water facilities have been completed, this coming statement made towards the end of the month.

Financial analysis of greencore

This seems to have minimal affect on the share price for the following month, as shareholders may be unsure of the future direction of the company. July It was announced during this month that Greencore notifies its intention to sell its Dutch based firm Greencore Continental.

This month seen the average share price increase from the previous month, but the decline in the share price is evident since November where the share price has dropped from 1.

Shareholder value seemed to decline in the company within the last six months, even with an interim report stating promising operating performance in UK and US markets August This month seen the completion of the sale of Greencore Continental to Convenience Foods Europe B.

Disposing of another asset signalling to investors that the company may be taking a few steps back in off-loading so many assets may be discouraging to some investors, thus a drop in the share price again for this month.

This news has lead to an increase in the share price from 1. The deal will be finalised in the early part of Shareholders see this as a strong prospective growth for the company in the future; share price shoots up to 1.

We hope through our research we can find the root cause of this decline. The deal was completed in April On the 17th of November the company announced it would be merging with Northern Foods. The combined group will be called Essenta Foods, this is a good move for both Greencore as well as Northern Foods as this creates a greater financial profile and enhance strategic flexibility in the future.

Generally, comprises of combination of equity, debt and hybrid securities. There are various theories of capital structure suggested by discipline in this important arena. For example, Modigliani and Miller argue that in perfect market, how a firm is finance is irrelevant to its value.

Reports - Greencore

This theorem is commonly known as the irrelevance principle. Basing on the ongoing year of Greencore PLC Ireland and their recent interim management Report for the half year ended march and September report, As illustrated in the table, the portion of equity increased and Debt reduced in as the company sold out Greencore Malt, water and brought back shares they had previously sold out to shareholder treasury shares.

A company is said to be highly geared if its proportion of its debt is more than its equity and while a company is lowly geared when its equity is proportionately more than the total debt. Generally, having more debts is beneficial to the organisation as it attracts tax relief and therefore tax saving on interest payment on of debts.

Having compared and on a half year basis, we have observed a reduction in debts and increase in equity.

Greencore Group PLC (GNC.L) Financials |

As we ignore a half of the year in so as to identify whether the company have accumulated or pay-off portion of its debts or increase in equity. The company employs a combination of debts and equity to fund its operations with a majority of its source of capital being debt.


We consider debt as an appropriate source of finance despite the fact that business will not have all of its cash flow available to do business and interest can be high. As lender parties do not gain any part of ownership of your business and the only obligation to lending part is to repay debt.

Also payment of loan is typically a fixed expense, according to the term of the loan. If a business uses debt to finance its operations, an interest repeat on your loan is tax deductible. In other words it shields part of your business income from taxes and lower your tax liability every year.

As the company reduces Debt and currently experiencing an increase in equity finance implies that they will be more attractive to investors.The company has attractive valuation levels with a low EV/sales ratio compared with its peers.

Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the . Consensus Estimates Analysis # of Estimates Mean High Low Performance for Greencore Group PLC. Period % Actual % vs. S&P Rank In financial, national, and international news to.

Financial Analysis of Greencore Group PLC Essay Sample. In today’s climate it’s hard to find a company still making profits comparable to their previous financial year.

Financial Analysis of Greencore Group PLC Essay Sample. In today’s climate it’s hard to find a company still making profits comparable to their previous financial year.

Canadean's "Greencore Group plc: Consumer Packaged Goods - Company Profile, SWOT and Financial Analysis" contains in depth information and data about the company and its operations. Financial Ratio Analysis: Daimler Group and Bmw Group Essay; Financial Ratio Analysis: Daimler Group and Bmw Group Essay THE FINANCIAL ANALYSIS OF GREENCORE GROUP PLC Contents EXECUTIVE SUMMARY 1 INTRODUCTION 2 COMPANY SHARE PRICE 3 CAPITAL STRUCTURE 7 Total capital as of March 8 Total capital as of March 9 DIVIDEND POLICY

Financial Analysis of Greencore Group PLC | Essay Example