Greencore Group’s strong interims spark share uplift

UK‑based prepared foods maker Greencore Group PLC (LSE: GNC) saw its shares rally on Tuesday after announcing robust full‑year results for FY25 and confirming progress on its planned acquisition of Bakkavor Group PLC (LSE: BAKK). Revenue rose 7.7 % to £1.95 billion for the year ended 26 September 2025, while adjusted operating profit surged 28.9 % to £125.7 million. In addition, Greencore revealed free cash flow of £120.5 million and a reduction in net debt to £70.1 million, highlighting improved financial discipline. The company also entered a binding agreement to sell its Bristol chilled soups and sauces site to Compleat Food Group — a disposal required to secure regulatory approval from the Competition and Markets Authority (CMA) for the Bakkavor deal. Chief executive Dalton Philips commented that momentum is continuing into FY26 and expressed excitement about merging the two businesses, stating that the acquisition “creates real value”. With the CMA offering in‑principle acceptance of the disposal and Greencore expecting the Bakkavor transaction to complete in early 2026 (subject to final approvals and court sanction), investors appear to have responded positively — the shares rose by 6.25 % to 238p in London. #Greencore #PreparedFoods #AcquisitionNews #UKManufacturing #SlimScan #GrowthStocks #CANSLIM