UK's Greencore rises on forecasting annual profit ahead of market view
BUZZ-UK's Greencore rises on forecasting annual profit ahead of market view ** Shares of convenience food producer Greencore GNC.L up 6.3% at 235.8p, top gainer on FTSE midcap .FTMC index, which is up 0.9%
** Co now expects FY26 adjusted operating profit to be £234 million to £242 million ($323.70 million), above market expectations of £224.2 million
** GNC says Q4 trading started positively, with strong volume momentum continuing from latter half of Q3
** Group continues to explore the potential sale of its US business
** YTD, stock down about 13%, compared with 5.7% increase in FTMC
($1 = 0.7476 pounds)
(Reporting by Megha Anilkumar Nair in Bengaluru)
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Brief: Greencore Anticipates FY26 Adj Operating Profit For Continuing Operations (UK Business) To Be Around £248M