March 13, 2018 / 8:07 AM / 3 months ago

BRIEF-Greencore Says For FY18 Anticipates Adjusted EPS In Range Of 14.7-15.7 Pence

March 13 (Reuters) - Greencore Group Plc:

* FOR FY18 GROUP NOW ANTICIPATES ADJUSTED EPS IN RANGE OF 14.7 PENCE-15.7 PENCE

* ALSO ANTICIPATES THAT WILL CONTINUE TO PROGRESS TOWARDS ITS BENCHMARK LEVERAGE RATIO OF ABOUT 2X NET DEBT TO EBITDA BY END OF FY

* IN FY17 RESULTS AND FY18 Q1 TRADING UPDATE, GROUP NOTED CONTINUED LOW CAPACITY UTILISATION AT SOME OF ORIGINAL GREENCORE US SITES

* GROUP IS NOW RESTRUCTURING ITS US NETWORK TO REFLECT COMMERCIAL PIPELINE AND TO ADDRESS THESE UTILISATION CHALLENGES Source text for Eikon: Further company coverage:

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