Greencore

Greencore

International Convenience Foods Producer | Greencore. Learn more

Launch date
Employees
Market cap
AUD1.7b
Enterprise valuation
AUD2.2b (Public information from Sep 2024)
Company register number 170116
Dublin County Dublin (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues1.5b1.6b2.1b2.3b2.2b2.3b2.3b
% growth(24 %)5 %31 %10 %(5 %)3 %3 %
EBITDA100m114m153m165m174m185m197m
% EBITDA margin7 %7 %7 %7 %8 %8 %8 %
Profit(13.8m)30.5m38.8m43.1m54.0m65.2m73.0m
% profit margin(1 %)2 %2 %2 %2 %3 %3 %
EV / revenue0.7x0.8x0.3x0.3x0.6x0.5x0.5x
EV / EBITDA10.2x10.5x4.6x4.1x7.0x6.5x5.9x
R&D budget3.1m8.6m10.7m8.0m---
R&D % of revenue-1 %1 %----

Source: Dealroom estimates

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DateInvestorsAmountRound
N/A

N/A

IPO
*

£350m

Post IPO Debt
*

N/A

Post IPO Equity
Total Funding-

Recent News about Greencore

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More about Greencoreinfo icon
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Greencore Group plc is a leading manufacturer in the food industry, specializing in the production of sandwiches and other convenience foods. Operating primarily in the UK and Ireland, Greencore serves a diverse range of clients including major retailers, foodservice providers, and convenience stores. The company employs a vertically integrated business model, controlling various stages of the supply chain from ingredient sourcing to final product delivery. This approach allows Greencore to maintain high standards of quality and efficiency, which are critical in the highly competitive food manufacturing sector.

Revenue is generated through long-term contracts with key clients, ensuring a steady stream of income. The company also invests heavily in research and development to innovate new products and improve existing ones, thereby staying ahead of market trends and consumer preferences. Greencore's commitment to sustainability and ethical practices further enhances its reputation and appeal among socially conscious consumers and businesses.

In addition to its core manufacturing operations, Greencore offers a range of early career programs, including degree and engineering apprenticeships. These programs are designed to attract and develop new talent, ensuring a continuous pipeline of skilled professionals to support the company's growth and innovation goals.

Keywords: sandwich manufacturer, food production, convenience foods, UK, Ireland, vertical integration, sustainability, research and development, early career programs, innovation.