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Greenyard NV (GREENY.BR)

GREENY.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Greenyard: Restart Of Production In Hungarian Facility
Thursday, 13 Sep 2018 02:19am EDT 

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 04:06am EDT 

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 08:00am EDT 

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 03:56am EDT 

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 12:19pm EST 

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 02:11am EST 

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 02:08am EST 

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

Greenyard H1 REBITDA down at ‍​73.4 million euros
Tuesday, 21 Nov 2017 11:45am EST 

Nov 21 (Reuters) - GREENYARD NV ::H1 SALES EUR ‍​2.09 BILLION VERSUS EUR 2.15 BILLION YEAR AGO.H1 REBITDA OF EUR ‍​73.4 MILLION VERSUS EUR 77.7 MILLION YEAR AGO.H1 NET RESULT EUR ‍​11.7 MILLION VERSUS EUR 6.8 MILLION YEAR AGO.  Full Article

Greenyard Q1 sales down at 1.11 billion euros
Tuesday, 29 Aug 2017 11:54am EDT 

Aug 29 (Reuters) - GREENYARD NV ::Q1 SALES EUR 1.11 BILLION VERSUS EUR 1.12 BILLION YEAR AGO.  Full Article

Greenyard announces acquisition of Mykogen
Wednesday, 14 Jun 2017 12:23pm EDT 

June 14 (Reuters) - GREENYARD NV ::ANNOUNCES ACQUISITION OF MYKOGEN.THE PURCHASE PRICE IS APPROXIMATELY € 93 MILLION..TRANSACTION CLOSING IS EXPECTED TO OCCUR DURING THE SECOND HALF OF 2017.IS FINANCING THE TRANSACTION FROM EXISTING CREDIT FACILITIES.SELECTIVE NON-STRATEGIC AND NON-CORE ASSETS WITHIN THE FRESH SEGMENT WILL BE DIVESTED.THE DIVESTMENTS ARE EXPECTED TO BE COMPLETED DURING THE SECOND HALF OF 2017.DIVESTMENTS ARE ESTIMATED TO PROVIDE CASH PROCEEDS OF AROUND € 25M WITH LIMITED IMPACT ON EBITDA (ACTIVITIES REPRESENT <2% OF GROUP EBITDA).AS A RESULT OF THE ACQUISITION AND DIVESTMENTS, EBITDA IS ANTICIPATED TO INCREASE BY 8%..AFTER THE ACQUISITION OF MYKOGEN AND THE DIVESTMENTS OF THE NON-CORE ASSETS, NET FINANCIAL DEBT IS EXPECTED TO BE APPROXIMATELY € 390 MILLION VERSUS. € 324.2 MILLION REPORTED FY 16/17.  Full Article

Greenyard to re-open Hungarian plant after finding listeria cause

Belgian frozen foods producer Greenyard said on Thursday it would re-open its Hungarian plant after identifying the cause of an outbreak of the food-borne disease listeria, driving its shares 15 percent up.