Greenyard NV : Group like-for-like sales growth in line with our forecast in Q3 2021/22
>Like-for-like sales growth of 1.6% takes it to € 1.05bn in Q3 2021/22 - Adjusted for a few disposals in the previous year, and taking into consideration € 17m in terminated sales in Fresh in Q3 2021/22, Greenyard reported like-for-like sales growth of 1.6% in Q3 2021/22, marginally ahead of our forecast of 1.4% in like-for-like group sales growth.Fresh ahead of expectation, but Long Fresh fell short - Like-for-like sales growth in Fresh amounted to 1...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.
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.
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