HIGHLIGHTS 1,2,3
Comprehensive and rapid response to COVID-19 by keeping our people safe, feeding the
Reported revenue growth of 1.6% and Pro Forma Revenue Growth of 0.1%, impacted by effect of COVID-19 on food to go categories at the end of the period
Adjusted Operating Profit of
Net Debt (excluding lease liabilities) of
Total cash and undrawn committed facilities of
As announced on
Appointment of
SUMMARY FINANCIAL PERFORMANCE 1,2,3
H1 20 H1 19 Change
GBPm GBPm
Group Revenue 712.7 701.4 +1.6%
Pro Forma Revenue Growth +0.1%
Adjusted EBITDA 63.8 62.5 +2.1%
Adjusted Operating Profit 38.3 44.7 -14.3%
Adjusted Operating Margin 5.4% 6.4% -100 bps
Group Operating Profit 35.6 41.3 -13.8%
Adjusted Profit Before Tax 31.1 37.7 -17.5%
Group Profit Before Tax 27.3 5.7 +378.9%
Adjusted EPS (pence) 5.8 6.4 -9.4%
Group Exceptional Items (after tax) 0.4 28.8
Basic EPS (pence) 5.3 10.5 -49.5%
Interim dividend per share (pence) - 2.45
Free Cash Flow 2.6 (19.4)+GBP22.0m
Net Debt 374.4 284.1
Net Debt (excluding lease liabilities) 311.1 284.1
Net Debt:EBITDA as per financing agreements 2.1x 1.9x
Return onInvested Capital ('ROIC') 12.3% 14.6% -230bps
Commenting on the results,
'I am hugely proud of the way in which our people have responded to the extraordinary challenges of COVID-19, and take this opportunity to publicly thank them for their role in keeping the
See details at: https://www.greencore.com/greencore-group-plc-results-for-the-half-year-ended-27-march-2020/
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