Greencore has raised its full-year profit expectations after posting what it described as “an exceptional year” for the UK convenience food manufacturer.

For the full year ending 26 September 2025, the group said sales are expected to reach approximately £1.95bn, driven by new business wins, product innovation and favourable weather.

Meanwhile, volume growth remained strong across the group’s food-to-go categories, including sandwiches and sushi, with total manufactured volumes rising around 3% year-on-year and underlying volumes up 1% when excluding new business wins.

Greencore also said profit conversion in Q4 was ahead of expectations, supported by strong demand and tighter cost management through its efficiency and waste-reduction initiatives.

The supermarket sandwich maker also maintained its industry-leading service levels, fulfilling 99% of customer orders on time and in full during the quarter and across the full year.

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Elsewhere, product innovation continued to fuel growth, with 130 new products launched in Q4, including a mac and cheese range, premium cooking sauces and new food-to-go options tailored for emerging store formats.

Looking ahead, the group now expects to deliver adjusted operating profit of around £125m for FY25, up from previous guidance of £118m–£121m.

Chief executive officer Dalton Philips said: “We had another excellent quarter in Q4, which rounded out an exceptional year. I am proud of the Greencore team for the passion and commitment they bring each day, allowing us to deliver for our customers. 

“While there are wider economic headwinds, the strong performance means we are again upgrading our full year guidance. Our focus in the new financial year remains on producing high-quality, fresh food for consumers across the UK.

“We look forward to completing the Bakkavor transaction, subject to regulatory approval, and remain excited about the potential of combining two great UK food businesses, enhancing our product offering for our customers and UK consumers.”