Welcome to Greencore Fact sheet

Page created by Perry Meyer
 
CONTINUE READING
Welcome to Greencore Fact sheet
Welcome to
Greencore
Fact sheet
Welcome to Greencore Fact sheet
A leading international manufacturer of
                                         convenience food in the UK & US
                                         Greencore at a glance                                                                   Our vision & strategy
                                                                                                                                 Our vision is to be a fast-growing, international
                                                                                                                                 convenience food leader

                                                                                                  £2.5BN                         Our strategy
                                                                                                                                 • Deepen food to go leadership
                                             World’s largest                 Over 15,000              proforma                   • To have market leading positions in
                                            sandwich maker                   employees                 Group                       complementary convenience food categories
                                                                              globally                revenue
                                                                                                                                 • Build distinctive, enduring customer
                                                                                                                                   partnerships
                                                                                                                                 • Win in the UK and US markets now and other
                                                                               1.5
                                                                               BILLION
                                                                                                                                   geographies in the years ahead

                                                                                                                                 We operate with a set of core principles that
                                             Market leader               sandwiches              45+ locations in the
                                             in the majority              and other                                              enable us to deliver our vision and strategy.
                                                                                                  UK, USA & Ireland              We call this The Greencore Way.
                                              of categories            food to go items

                                         Our history

   1991              2001              2006                2007                  2008                2011               2012               2014                2015             2016
  Greencore        Diversification   Exit of the sugar       Strong UK          Entry into US      Acquisition of   Acquisition of HC    More than 100        Opening of        Greencore
    formed              into             business         growth through        convenience         Uniq in UK          Shau and            years of        Greencore's first    acquires
 following the     convenience                              a series of           food with                         MarketFare Foods     producing for        greenfield         Peacock
privatisation of       food                                convenience          acquisition of                          in US and       some of the UKs     development in        Foods
  Irish Sugar                                            food acquisitions      Home Made                             International        best loved        Rhode Island
                                                                                Brand Foods                          Cuisine in UK        brands and
                                                                                                                                        largest retailers
Welcome to Greencore Fact sheet
The world’s largest sandwich maker
Our convenience foods businesses

 Food to Go                                   Convenience Foods                              USA
 A world-class manufacturer of food           Produces chilled ready meals, chilled          Entered the US market in 2008. We
 on the move products including pre-          sauces, chilled soup and quiches as            now produce sandwiches and food to
 packed sandwiches, wraps, prepared           well as own label ambient cooking              go products for convenience stores
 salads and sushi for many of the UK’s        sauces, table sauces, pickles and              and food service outlets across the
 major retailers. UK sites in Atherstone,     Yorkshire puddings for the major               US which provide us with nationwide
 Bow, Crosby, Heathrow, Manton                retailers in the UK. Sites in Bristol,         coverage. Fourteen manufacturing
 Wood, Northampton, Park Royal                Consett, Evercreech, Kiveton,                  facilities in California, Florida, Illinois,
 and Spalding.                                Leeds, Selby, Warrington and                   Minnesota, Ohio, Rhode Island,
                                              Wisbech.                                       Utah, Virginia and Washington.

  Ingredients and property
  Trilby Trading                            Premier and United Molasses                              Property
  A leading importer and distributor        Leading importers and distributors of molasses           Management of the Group
  of oil and fats for food processing       for animal feed and industrial use in Ireland            surplus property assets
Welcome to Greencore Fact sheet
Our Leadership Team

Patrick Coveney              Eoin Tonge          Peter Haden           Kevin Moore        Clare Rees         Chris Kirke        Phil Taylor
CEO                          CFO                 COO                   MD                 MD                 CEO                CPO
Greencore                    Greencore           Greencore             Greencore          Greencore          Greencore          Greencore
Group                        Group               Group                 Food to Go         Convenience        USA                Group
                                                                                          Foods

2017 highlights

                      £2,319.7m
                      +56.5% LFL
                      (pro forma +9.4%)                          Delivering our strategy and living our principles
                                                                 Our vision is to be a fast-growing, international convenience food leader

Financial                                                                       FY17           versus FY16             Financial calendar       Media queries
                                                                                                                       30 January 2018          Rob Greening and
summary                                   Group Revenue                       £2,319.7m              +56.5%            Q1 Trading Update        Lisa Kavanagh
                                                                                                (pro forma +9.4%       Annual General Meeting
1 The Group uses Alternative
                                                                                                                                                Powerscourt
                                          Adjusted Operating Profit             140.1               +37.4%             22 May 2018              1 Tudor Street
  Performance Measures (‘APMs’)
  which are non-IFRS measures to
                                          Adjusted Operating Margin             6.0%                -90bps             FY18 Interim Results     London EC4Y 0AH
  monitor the performance of its
  operations and of the Group as a
  whole. These APM’s along with           Exceptional Items                     (78.2)                  -              24 July 2018             T +44 (0)20 7250 1446
  their definitions are provided in the                                                                                Q3 Trading Update        E greencore@powerscourt-group.com
  Appendix                                Adjusted Profit Before Tax            116.7              +35.9%
                                                                                                                       27 November 2018
2 Earnings per share and Dividend per     Adjusted EPS (pence)                   15.4               -3.8%              FY18 Full Year Results   More information
  share figures for FY16 have been
  restated to reflect the impact of the   Basic EPS (pence)                      1.9                -80.0%                                      www.greencore.com
  bonus element of the rights issue
  and are set out in the Appendix
                                          Proposed DPS (pence)                   5.47                   -                                       Twitter: @GreencoreGroup
Welcome to Greencore Fact sheet
£2.5BN
                                          Over 15,000     proforma Group
                                                              revenue
                                          colleagues
  The world’s                              globally              Market
    largest
sandwich maker
                                                                 leader
                                                                in most     45+ locations in the       40m
                                                               categories    UK, USA & Ireland     quiches per year

                   Leading the

                                   !
                   industry with                                                                             A FTSE 250
                   food safety                                                                               company

  180
    MILLION
                                                                              A fast growing
                                                                              international
                                                                              convenience
                                                                               food leader

                   220m
chilled prepared
   meals and                                                                 Award                 Constantly innovating
     meal kits                                                               winning                  and improving
                    bottles of cooking
                      sauces, pickles                                       products                   our ranges
                     and condiments
                         per year

                                                                                4,000
   401m                                                  45,000                  PRODUCTS

                                                                                                     1.5BN
   salads and
                             Leaders
                             in food        388m         direct to store
                                                         UK deliveries          across 20
                                                                                                    sandwiches and
                                                                                                    other food to go
                             technology     lunch kits                          categories
    salad kits                                             each week                                   products
Welcome to Greencore Fact sheet Welcome to Greencore Fact sheet Welcome to Greencore Fact sheet Welcome to Greencore Fact sheet Welcome to Greencore Fact sheet
You can also read