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Greencore Raises Profit Outlook on Bakkavor IntegrationMarkets

Greencore Raises Profit Outlook on Bakkavor Integration

Greencore has raised its FY26 adjusted operating profit guidance to £234–£242 million as the Bakkavor integration delivers early cost savings and growth, with 3.2% pro forma revenue growth and 0.7% higher volumes aided by 375 new products. The group is exploring a potential sale of its U.S. operations while forecasting about £15 million of cost synergies this year and at least £80 million annually in the medium term, plus launches like the first joint desserts contract in August as volume momentum continues into Q4.

📍United States🏢The United Kingdom
Jul 22, 2026

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  • Morgan Sindall reports record H1 amid housing backdropMorgan Sindall reported a record half-year with revenue around £2.56–2.6 billion and pre-tax profit about £116 million, while net cash rose to £418 million and the order book stood at £12.2 billion as it lifted medium-term targets for Fit Out and Construction and increased the interim dividend to 55p. The firm credited strong performance in Fit Out and Construction, supported by government investment and a robust project pipeline, despite a subdued housing market affecting partnerships and some divisions; it expects full-year results to meet guidance.8 src · Jul 23, 2026