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Greenyard NV (GREENY.BR)

GREENY.BR on Brussels Stock Exchange

3.36EUR
21 May 2019
Change (% chg)

€0.00 (+0.00%)
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€3.36
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€3.38
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€3.38
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€3.34
Volume
13,687
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110,354
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€15.50
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€3.20

Latest Key Developments (Source: Significant Developments)

Greenyard Closes Agreement To Increase Its Investment In Bardsley England
Tuesday, 7 May 2019 

May 7 (Reuters) - GREENYARD NV ::CLOSING OF AN AGREEMENT TO INCREASE ITS INVESTMENT IN BARDSLEY ENGLAND AND TO STRENGTHEN ITS POSITION IN UK..EXPANSION OF JV HAS ALSO POSITIONED BUSINESS WITH A SIGNIFICANT COMPETITIVE ADVANTAGE IN CASE OF A HARD BREXIT.  Full Article

Greenyard Frozen UK And Tesco Have Entered Into Strategic Partnership
Tuesday, 30 Apr 2019 

April 30 (Reuters) - GREENYARD NV ::GREENYARD FROZEN UK AND TESCO HAVE ENTERED INTO STRATEGIC PARTNERSHIP AGREEMENT FOR SUPPLY OF TESCO'S FULL RANGE OF FROZEN FRUITS, VEGETABLES AND HERBS.THIS DEAL WILL RESULT IN MATERIAL INCREASE OF VOLUME WHICH WILL CONTRIBUTE POSITIVELY TO REVENUE OF ALL PARTIES IN SUPPLY CHAIN.  Full Article

Greenyard Announces Transformation Plan, Eyes 2019/2020 REBITDA Improvement Of EUR 20 Mln
Friday, 15 Mar 2019 

March 15 (Reuters) - Greenyard NV ::GREENYARD ANNOUNCES ITS TRANSFORMATION PLAN UNLOCKING LARGE UNTAPPED POTENTIAL FOR A HEALTHY FUTURE.AS A RESULT OF THE TRANSFORMATION PLAN, 422 JOBS MIGHT POTENTIALLY BE IMPACTED IN 2019 OVER DIFFERENT COUNTRIES, BUT PRIMARILY IN FRESH IN THE UNITED KINGDOM AND GERMANY.TRANSFORMATION PLAN IS EXPECTED TO DELIVER REBITDA IMPROVEMENT OF EUR 20M FOR AY 2019/2020 AND EUR 44M OF CUMULATIVE REBITDA IMPROVEMENT FOR AY 2020/2021.EXPECTING TO YIELD CASH PROCEEDS IN A RANGE OF EUR 50 TO 75M FROM FURTHER DIVESTMENTS OF NON-CORE ASSETS OVER THE DIFFERENT SEGMENTS WITH LIMITED REBITDA LOSS.IS ALSO EXPLORING THE OPTION OF A STRATEGIC DIVESTMENT OF ITS PREPARED DIVISION WITH A VIEW TO A FURTHER DELEVERAGING.GREENYARD ALSO EXPECTS TO ACHIEVE REBITDA OF OVER EUR 100M IN AY 2020/2021.LAZARD HAS BEEN APPOINTED AS FINANCIAL ADVISOR TO ASSIST IN FINDING AN AGREEMENT WITH A CORNERSTONE INVESTOR IN CONNECTION WITH THE RAISING OF ADDITIONAL CAPITAL.MR. CARL PEETERS, GREENYARD’S COO, WILL LEAVE THE COMPANY AFTER THE TRANSFER OF HIS RESPONSIBILITIES, AT THE LATEST ON 31 MAY.  Full Article

Greenyard: Restart Of Production In Hungarian Facility
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - GREENYARD NV ::GREENYARD FINDS THE LISTERIA ROOT CAUSE AND ANNOUNCES RESTART OF PRODUCTION IN ITS HUNGARIAN FACILITY.GREENYARD HAS FOUND A PERSISTENT PRESENCE OF LISTERIA MONOCYTOGENES IN ONE OF FREEZING TUNNELS. AS A RESULT, GREENYARD DECIDES TO CLOSE DOWN THIS TUNNEL..SAYS HAS CONDUCTED A LARGE AND IN-DEPTH REVIEW OF THE FACILITY IN BAJA, HUNGARY TO IDENTIFY THE ROOT CAUSE.RE-OPENING OF FACILITY HAS BEEN REVIEWED BY AUTHORITIES, REOPENING WILL BE BASED ON STRINGENT RELEASE PROCEDURES..WITH RESTART OF FACILITY, CONFIDENT TO REMAIN WITHIN OUR EARLIER MENTIONED FINANCIAL IMPACT ASSESSMENT OF EUR 30.0M (NET AFTER INSURANCE).READY TO SAFELY SUPPLY ITS CUSTOMERS WITH PRODUCTS FROM OUR HUNGARIAN FACILITY.CONFIDENT TO REMAIN WITHIN OUR EARLIER MENTIONED FINANCIAL IMPACT ASSESSMENT OF EUR 30.0M (NET AFTER INSURANCE).  Full Article

Greenyard Fresh Has Acquired A 49% Stake In Mor International‍​
Tuesday, 10 Apr 2018 

April 10 (Reuters) - GREENYARD NV ::GREENYARD FRESH HAS ACQUIRED A 49% STAKE IN MOR INTERNATIONAL‍​.COMPANY REALISED AROUND € 50M SALES IN 2017.HAS THE OPTION TO BECOME MAJORITY OWNER IN THE FUTURE, ACQUISITION FOR AN UNDISCLOSED AMOUNT‍​.  Full Article

Greenyard Reaches Agreement To Obtain 100 Percent Stake In Greenyard Fresh Direct Belgium
Tuesday, 3 Apr 2018 

April 3 (Reuters) - GREENYARD NV ::REACHED AN AGREEMENT TO OBTAIN 100% IN GREENYARD FRESH DIRECT BELGIUM..BEN DE PELSMAEKER WILL BECOME SHAREHOLDER OF GREENYARD AT 19,68 €/SHARE‍​.AGREEMENT WITH BEN DE PELSMAEKER, HAS BEEN REACHED TO TAKE OVER HIS 49% STAKE IN THE COMPANY, FORMERLY CALLED ‘BEN FRESH’..BEN DE PELSMAEKER WILL CONTINUE TO LEAD GREENYARD FRESH DIRECT BELGIUM.  Full Article

Greenyard Announces Optimisation Of Its German Fresh Operations
Thursday, 22 Mar 2018 

March 22 (Reuters) - GREENYARD NV ::ANNOUNCES OPTIMISATION OF ITS GERMAN FRESH OPERATIONS BY OPENING OF 2 STATE-OF-THE-ART DISTRIBUTION CENTRES WHEREAS 2 OLDER CENTRES ARE BEING CLOSED.  Full Article

Greenyard: Q3 Sales Decrease To 995.6 Million Euros
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - GREENYARD NV ::Q3 SALES EUR 995.6 ‍​ MILLION VERSUS EUR 996.9 MILLION YEAR AGO.  Full Article

Greenyard Appoints Hein Deprez As Its New CEO
Monday, 29 Jan 2018 

Jan 29 (Reuters) - Greenyard Nv ::ANNOUNCES TODAY THAT HEIN DEPREZ BECOMES CEO OF GREENYARD.CARL PEETERS WILL BECOME THE COO.AFTER 5 YEARS, MARLEEN VAESEN WILL LEAVE GREENYARD IN MUTUAL CONSENT ON JANUARY 31, 2018.HEIN DEPREZ WILL STEP DOWN AS EXECUTIVE CHAIRMAN OF BOARD OF DIRECTORS BUT REMAINS MEMBER OF BOARD.KOEN HOFFMAN, MEMBER OF THE BOARD SINCE OCTOBER 4, 2017, WILL TAKE ON THE ROLE OF CHAIRMAN.SEARCH FOR A NEW CFO HAS STARTED‍​.  Full Article

Greenyard In Advanced Negotiations To Acquire Dole Food Company
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Greenyard Nv ::IN ADVANCED NEGOTIATIONS TO ACQUIRE DOLE FOOD COMPANY.AT THIS STAGE, A DEFINITIVE AGREEMENT HAS NOT BEEN REACHED,.THERE CAN BE NO ASSURANCE THAT THESE NEGOTIATIONS WILL CULMINATE IN A TRANSACTION BETWEEN THE TWO COMPANIES.HAS SECURED APPROPRIATE FINANCING.CONFIDENT IN ITS ABILITY TO COMPLETE THE TRANSACTION WITH A BALANCED FINANCING APPROACH.  Full Article

BRIEF-Greenyard Revises REBITDA Forecast And Explores Different Funding Options

* Q3 RESULTS WERE LOWER THAN EXPECTED, MAINLY DUE TO CONTINUED PRESSURE IN THE FOOD RETAIL LANDSCAPE, PREDOMINANTLY IN GERMANY AND BELGIUM