Greencore Group (GNC) Q1 2026 TU earnings summary

Executive summary

• Achieved 5.4% revenue growth in Q1 FY26 compared to Q1 FY25, with volume growth outpacing the market.

• Integration with Bakkavor progressing, creating the UK's leading convenience food manufacturer.

• Focus remains on executing integration plans and delivering value for customers and shareholders.

Financial highlights

• Q1 FY26 reported revenue reached £499.8m, including a 3.7% price and inflation recovery impact.

• Manufactured volume grew 0.5% in Q1, ahead of the wider grocery market at 0.2%.

• Premium sandwich volumes grew double digits; 129 new products launched in Q1.

Outlook and guidance

• Enlarged business, including Bakkavor, continues to trade in line with Board expectations.

• Structural tailwinds in convenience food categories support positive outlook despite UK consumer uncertainty.

• Next update with combined Group financials scheduled for 27 May 2026.