Greenyard to host its first inaugural Capital Markets Day: "Focus on a healthier future"

Sint-Katelijne-Waver, Belgium, 21 November 2018 - Greenyard (Euronext Brussels: GREEN)

Capital Markets Day: "Focus on a healthier future"

Greenyard, the international fruit and vegetable supplier, announces that it is hosting today a Capital Markets Day for institutional investors and analysts in Mechelen, Belgium.

The event will focus on Greenyard's strategy for the future, its short and long term priorities to return to profitable growth, and a series of presentations from each of the divisions.

The event will be hosted by the Chief Executive Officer, Hein Deprez, by the Chief Operating Officer, Carl Peeters and the Chief Financial Officer, Geert Peeters, completed with presentations from the Managing Directors in Fresh, Frozen and Prepared to provide greater insight into:

  • Greenyard's strong positions in significant and growing addressable markets;

  • How Greenyard is moving towards partnerships with its retailers in each of its divisions and how that has led Greenyard to increase its market share with the top 10 customers from 6,7% in 2015 to 7,1% in 2018;

  • How Greenyard is addressing specific areas to gain focus and effectiveness to restore profitability;

  • How Greenyard is ready for the future through innovation and sustainability efforts;

  • How this leads analysts to believe in a compounded annual growth rate of 18,4% in REBITDA until March 2021.

Hein Deprez, Greenyard CEO says:

"I am very pleased and proud to be hosting Greenyard's first Capital Markets Day today.

The Leadership Team will deliver a series of presentations to provide greater insight into our businesses, our distinct market segments, our strategy and our collective confidence in the outlook for Greenyard. We have clear action plans and execution capabilities in place and are highly focused on implementing our partnership strategy to gradually return Greenyard to profitable growth and strengthen the company, both in terms of organisation and financial resilience".

For AY 18/19, Greenyard maintains its guidance of REBITDA -25% versus last year, excluding currency impact.

A copy of the presentation materials will be made available on the Greenyard website on 22 November 2018.

No other new material information or update on current trading will be disclosed during the Capital Markets Day.

2/2

Financial calendar

Q3 trading update 2018/2019

26 February 2019 - before opening market

FY results 2018/2019

4 June 2019 - before opening market

Q1 trading update 2019/2020

27 August 2019 - before opening market

For additional information, please contact Greenyard:

Geert Peeters, CFO

Dennis Duinslaeger, Investor Relations

T +32 15 32 42 60

T +32 15 32 42 49

Geert.peeters@greenyard.group

M +32 477 90 39 98

Dennis.duinslaeger@greenyard.group

About Greenyard

Greenyard (Euronext Brussels: GREEN) is a global market leader of fresh, frozen and prepared fruit & vegetables, flowers, plants and growing media. Counting Europe's leading retailers amongst its customer base, the group provides efficient and sustainable solutions to customers and suppliers through best-in-class products, market leading innovation, operational excellence and outstanding service.

Our vision is to make lives healthier by helping people enjoy fruit & vegetables at any moment, easy, fast and pleasurable, whilst fostering nature.

With more than 10,000 employees operating in 27 countries worldwide, Greenyard identifies its people and key customer and supplier relationships as the key assets which enable it to deliver goods and services worth more than 4 billion euros per annum.

www.greenyard.group

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Greenyard NV published this content on 21 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 November 2018 06:55:04 UTC