Greencore increases its 2016 full year dividend by 8.1%

DividendMax Ltd.

FINANCIAL HIGHLIGHTS

Group revenue of £1,481.9m, up 10.6% (as reported) and up 5.9% on a like-for-like1 basis

Convenience Foods revenue of £1,435.2m, up 6.6% on a like-for-like basis

Group EBITDA up 13.9% to £138.4m

Group Operating Profit up 11.2% to £102.0m

Group Operating Margin of 6.9%, a 10 bps increase

Growth in adjusted EPS of 8.3% to 19.5p

Proposed final dividend of 4.10 pence per share, giving a total dividend of 6.65 pence per share, up 8.1%

Net debt of £331.8m with net debt:EBITDA leverage as measured under financing agreements of 2.4 times