Financial Analysis of Greencore, Hilton, and Premier Foods: A Report

This report presents a comprehensive financial analysis of three prominent companies in the food industry: Greencore Group Plc, Hilton Food Group Plc, and Premier Foods Plc. The analysis is structured into two main sections. Section A focuses on evaluating the strategic plans, financial goals, and measurable success indicators of each company, along with a critical assessment of their performance using the latest three years of financial and non-financial data. This includes a detailed examination of key financial ratios such as ROE, ROCE, net profit margin, gross margin, EBIT, collection period, credit period, current ratio, net assets turnover ratio, and gearing ratio. Section B explores the types of internal and external long-term finance available to listed companies and assesses how these financing methods impact the interests of existing stakeholders. The report aims to provide insights into the financial health, strategic approaches, and comparative performance of these companies, supported by data-driven analysis and critical evaluation.

Accounting
and
Finance for Managers

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
SECTION A.....................................................................................................................................3
1a. Strategic Plans for each company including the main financial goals and measurable
success indicators in relation to financial growth, financial sustainability and financial
performance:...........................................................................................................................3
1b. Critically evaluate the performance of the three companies using the latest three years
financial and non-financial data:............................................................................................4
1 c.........................................................................................................................................14
SECTION B...................................................................................................................................14
2a. Main types of internal and external long-term finance available to listed companies:. .14
2b. How long-term finance affects the interests of existing stakeholders............................16
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................18

INTRODUCTION
The entire study is focused on financial analysis of three companies: Green core group
plc, Hilton food group plc and Premier food plc, which belongs to same industry and are top
competitors of each other. The first section coves ratio analysis and strategic plans, objective and
goals of these companies while other parts cover discussion about long term sources of internal
and external Finances and to what extent long term source-finance affects stakeholders.
MAIN BODY
SECTION A
1a. Strategic Plans for each company including the main financial goals and measurable success
indicators in relation to financial growth, financial sustainability and financial
performance:
Greencore Group Plc: The organisation's ambition to boost demands in the rapidly growing food
market/industry relies on two principal facets: widening its brand offering and enabling
consumers to buy more. The organization's strategy is to progressively strengthen their relevance
to clients by driving income through a shared value chain, increasing values through their
portfolios and making life easier for their clients. The accomplishment of the Organization's
strategic goal depends on four central features: better quality Foods, Core individuals/groups,
Greencore Credibility and Sustainability Corporation. A massive and capable undertaking
characterised by a shared dedication to performing business labelled Greencore Route, is needed
to execute this strategy (Bamber and Parry, 2014).
Hilton Food Group Plc: Company has long been an innovative enterprise with sound values. The
credibility of the organization for success is what draws their clients. And their confidence in
long-term relationships has furled our success internationally. The corporation's mission is to
ensure that company's retail partners succeed over their rivals. The aim of the Organization as a
corporation is focused on Absolute Collaboration. Corporation's dedication, energy and
willingness to do whatever can to help company's partners succeed. One plan, one goal, one
shared vision. The people of organization are at forefront of everything company do. The culture
of the business has always unique and important. The principles of the corporation describe the
forms they think of ourselves as an entity and the manner they function as individuals. Business

staff work as collaborators supporting partners, based on common agendas and agreed priorities.
These behaviours are the core to our society and keys to their growth in business.
Premier Foods Plc: The objective of the business assures them of what they have to do here-
create fantastic food which their customers enjoy, food which is delicious, simple to cook and
accessible in versatile formats. This is why consumers find their labels in 94percent of the
overall of British families. Business is supportive of its famous brands and fantastic goods, and
their aim is to demonstrate how organization food is at core of how well a collaborator does each
day. Business is dedicated to building a genuinely Wonderful Place of Work. Company's mutual
principles provide people with a collective basis for decision making and helps direct them
in way they do things, as well as challenge one another to embody them with each day. Over the
past three years, substantial progress has been achieved in incorporating the Group's standards
and objectives around the organisation, growing investment in collaboration and interaction with
employees, and enhancing preparation in fields like leadership including integration (Patra,
2006).
1b. Critically evaluate the performance of the three companies using the latest three years
financial and non-financial data:
Financial and non-financial ratios:

1. ROE using Net income (%)-
3/1/2018
6/1/2018
9/1/2018
12/1/2018
3/1/2019
6/1/2019
9/1/2019
12/1/2019
3/1/2020
-10
-5
0
5
10
15
20
25
30
35
40
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyses- On the premise of the aforesaid table, it can be reported that returns on earnings in
case of Greencore corporation has been improved in the periods 2019 as well as 2020. Which
demonstrates there is substantial improvement in return-generating performance for the above-
mentioned firm. In the other hand, the success of Hilton Corporation in the year-2019 and year-
2020 is stable, this demonstrates that they have been managing to achieve better returns on
equity-funds. In the case of the Premier food corporation, it can be evaluated that their efficiency
is too poor contrasted with all other corporations (Sarwar, Kutan, Ming and Husnain, 2019).
2. ROCE (%)

3/1/2018
5/1/2018
7/1/2018
9/1/2018
11/1/2018
1/1/2019
3/1/2019
5/1/2019
7/1/2019
9/1/2019
11/1/2019
1/1/2020
3/1/2020
0
5
10
15
20
25
2.58
4.8
19.12
12.43 11.98
9.02
2.94
1.16
3.37
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analysis- On the premise of the foregoing graph, it could be mentioned that there in case of
Green Core corporation which has a greater returns on capital invested relative to other firms,
which is 19.12 per cent. With the exception of this, it can be seen that Hilton corporation's ratio
declined by 2.96 per cent in 2020. Related to the aforementioned ratio, Premier corporation's
output is low relative to all firms, and this is attributed to increased capital expenditures.
3. Net profit margin:
3/1/2018
6/1/2018
9/1/2018
12/1/2018
3/1/2019
6/1/2019
9/1/2019
12/1/2019
3/1/2020
-6
-4
-2
0
2
4
6
8
10
0.53 0.75
7.48
2.52 2.63 2.382.55
-5.18
6.33
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyses: With respect to Green-Core corporation, it can be determined that their effectiveness
has been improved by a substantial margins in year-2020 relative to year-2019. In comparison,

Premier Food corporation experienced an adverse net profit of around -5.18 per cent owing to
increased costs. Along with this Hilton food group corporation's consistent achievement over all
3 years, that'd be a favourable condition.
4. Gross margin-
3/1/2018
6/1/2018
9/1/2018
12/1/2018
3/1/2019
6/1/2019
9/1/2019
12/1/2019
3/1/2020
0
5
10
15
20
25
30
35
40
45
50
31.12 30.23
33.84
11.93 12.69
16.17
40.42
44.12 40.94
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyses: Both corporations Green Core Group and Premier Food have the same profit margins
throughout all 3 years. As well as Premier food corporation is well off than other firms in a
comparable way. In the other hand, the results of Hilton's food corporation is low relative to both
corporations. This is ascribed to increased sales costs and reduced revenues (Basuki, Hidayat and
Budiwitjaksono, 2020).
5. EBIT-
3/1/2018
6/1/2018
9/1/2018
12/1/2018
3/1/2019
6/1/2019
9/1/2019
12/1/2019
3/1/2020
0
2
4
6
8
10
12
1.84 2.04
6.73
2.58 2.8 3.08
8.48
0.55
11.25
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC

Analyses: Hilton Food corporation is capable to maintain its profits before interests and
taxes constants on an annual basis that demonstrates its success. while on other side, Green Core
Corporation and Premier Food corporation faced adverse growth in year-2019 as well as
enhanced their efficiency in a proficient way in period-2020.
6. Collection period:
3/1/2018
6/1/2018
9/1/2018
12/1/2018
3/1/2019
6/1/2019
9/1/2019
12/1/2019
3/1/2020
0
5
10
15
20
25
30
35
40
30
34
26
30 31
37
24
29 27
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyses- In the view of debtor-collection period, it can be argued that Premier corporation is in
effective position to collect their trade-receivables within a shorter time frame relative to both
other corporations. In the other hand, the Hilton Food Company is taking too long period to
recapture its debtors. Including Green Core corporation, managed to minimize the trade-
debts recovery period in lesser time in 2020 relative to 2019 (Easton, McAnally, Sommers and
Zhang, 2018).
7. Credit period:

3/1/2018
6/1/2018
9/1/2018
12/1/2018
3/1/2019
6/1/2019
9/1/2019
12/1/2019
3/1/2020
0
10
20
30
40
50
60
70
47 50 54
59
65 65
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyses- Green Core corporation and Hilton Food both have identical repayment periods, that
are both clearing their obligations within same time-frame. Although Hilton Food plc is requiring
additional time to settle its obligations.
8. Current ratio:
3/1/2018
6/1/2018
9/1/2018
12/1/2018
3/1/2019
6/1/2019
9/1/2019
12/1/2019
3/1/2020
0
0.5
1
1.5
2
2.5
0.75
2.01
0.69
1.2 1.23
1.05
0.78 0.78
0.98 GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyses: The optimal current ratio generally regarded as 2:1, and it could perceive from above-
stated graph that only corporation Green Core plc is capable of maintaining such ratio in period-
2019. While the rest of the firms was reluctant to do so due to greater current obligations.
1. Net assets turnover ratio