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Greencore Group PLC (LSE:GNC) has upgraded its profit guidance after stronger-than-expected trading and an early boost from its takeover of Bakkavor helped it outperform the wider market. The FTSE 250 convenience food maker said adjusted operating profit for the 2026 financial year is now expected to come in above current City forecasts, which range from £234 million to £242 million, with a consensus of £224 million.

Greencore Group plc (GNCGY) Q2 2026 Earnings Call Transcript

Greencore Group LON: GNC said its enlarged U.K. convenience foods business delivered higher first-half revenue and profit following the acquisition of Bakkavor UK, while management said integration work is progressing without disruption to service levels or customer relationships.

Greencore Group PLC (LSE:GNC) said it remains on track to meet full-year profit expectations after reporting double-digit earnings growth in its first set of results since acquiring Bakkavor. The convenience food manufacturer said pro forma adjusted operating profit rose 15.3% to £73.3 million in the six months to 27 March, while pro forma revenue increased 3.2% to £1.32 billion.