Report
Robert Jan Vos

Greenyard NV : TP raised to € 11 (from € 10/sh), Outperform reiterated

>An expected announcement, plus something new - Yesterday (22 March) Greenyard announced the conclusion of its negotiations with its relationship banks for the amendment and extension of its senior facilities agreement and the repayment of its € 125m convertible bond. Both instruments were due to mature in December 2021. In addition, Greenyard announced that it had signed commitments with equity investors for a capital increase of € 50m through a private placement of ...
Underlying
Greenyard NV

Greenyard processes and commercializes fruits, vegetables, and ready-to eat food products in France, the United kingdom, Germany, Belgium, other EU-countries, and internationally. Co.'s operation is divided into two divisions: The frozen division known as Pinguin and the canning division under the name of Noliko. The Frozen division offers frozen vegetables and fruits, deep-frozen vegetable dishes, and ready-to-use meals to retail, food service, and food industry. The Canning division processes vegetables and fruit from the field into preserved foods in cans and jars. The division also prepares ready-to-eat food such as soups, sauces, dips and pasta dishes.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Robert Jan Vos

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