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GNC — Greencore News Story

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Consumer DefensivesAdventurousMid CapNeutral

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)

((MeghaAnilkumar.Nair@thomsonreuters.com;))

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