Greencore Group PLC shares rose over 7% following Peel Hunt's positive update highlighting strong fourth-quarter sales growth of 4.5% and accelerated volume growth of 2.1%, outperforming the market. The broker maintained a 'buy' rating and raised the price target to 300p, citing profit upgrades driven by volume growth and margin improvements. Greencore expects earnings before interest and tax around £248 million, 4% above market consensus, supported by acquisition synergies and cost savings. This outlook suggests continued earnings strength despite emerging challenges, with shares valued attractively at 10.4 times forecast earnings for September 2027.
Greencore shares jumped 7% following Peel Hunt's positive profit outlook. For readers following the Consumer Staples sector, here is Pluang's market snapshot as of Oct 13, 2026 14:41 WIB: Of 57 priced US stocks, 41 rose and 13 fell. Notable movers include ACI at USD 12.53 (+2.79%), CHD at USD 102.38 (+2.51%) with 100% sell order activity, and MKC at USD 45.79 (+2.19%).
Swiss company AirConsole has partnered with Zeekr, a premium electric vehicle brand under Geely Auto Group, to introduce in-car gaming integrated into Zeekr's infotainment systems. The partnership debuted at the 2026 Paris Motor Show, showcasing game...
Bouygues Telecom has signed a long-term strategic partnership with iBASIS to handle its international voice wholesale, IPX, and managed roaming services. This deal makes Bouygues Telecom the first independent European operator to fully outsource its ...
Investec Bank Plc, acting as advisor and joint broker to Advanced Medical Solutions Group Plc, disclosed its share dealings on October 12, 2026. The bank purchased 16,108 ordinary shares at a price of 282.25 per share and sold 141 shares at the same ...
At the 2026 Paris Motor Show, Chery introduced its "For EU. For Family" strategy, tailored to meet European families' mobility needs with a focus on space, safety, and technology. The company showcased a range of vehicles including its first battery-...
Publicis Groupe delivered a robust Q3 2026 with a 5% organic growth in net revenue, accelerating from the first half of the year. Key growth drivers included Connected Media and Intelligent Creativity, fueled by AI-driven services and strong new busi...
