Convenience food manufacturer Greencore reported strong results for the full year ended 26 September 2025, with group revenue increasing by 7.7% to £1.9bn.

The business saw its adjusted operating profit increase by 28.9% to £125.7m, driven by volume momentum and cost management.

Greencore’s adjusted EBITDA went up by 17.9% to £181.2m, which was driven by net new business wins, volume growth and mix and inflation and pricing impacts.

Dalton Philips, Greencore chief executive officer, said: “Greencore delivered an outstanding performance in FY25, which is a credit to our 13,300 colleagues and our partnership with customers and suppliers. We reported strong growth against all key financial measures and have met our medium-term ROIC target, established only nine months ago.

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“Momentum has continued into the new financial year, and I’m excited for what’s to come in FY26, a year that also marks Greencore’s 100th year in business.”

Greencore expects another year of profit increase in the upcoming financial year despite inflationary pressures in the UK, which the company is actively working to mitigate.

The acquisition of convenience food manufacturer Bakkavor is in progress following an agreement to sell Greencore’s only chilled sauce and soup plants in Bristol.

Philips added: “The Bakkavor acquisition brings two great businesses together and creates real value, for customers, consumers and our colleagues.

“We’re already collaborating closely with the Bakkavor team on integration planning, and we look forward to bringing the businesses together in early 2026.”