Performance Analysis: Greencore, Hilton, and Premier Foods Comparison

This report presents a comprehensive financial analysis of three companies: Greencore Group Plc, Hilton Food Group Plc, and Premier Foods Plc, focusing on their strategic goals, performance analysis, and financing sources. Part A examines the strategic goals, priorities, and measurable success metrics of each company in terms of financial development, financial stabilization, and economic condition. The report then delves into a detailed performance analysis using financial and non-financial ratios, including ROE, ROCE, net profit margin, gross margin, EBIT, collection period, current ratio, gearing ratio, and shareholder funds per employee. The analysis covers the years 2018 to 2020, providing insights into the companies' financial health and operational efficiency. Part B explores the key sources of long-term internal and external funding applicable to the businesses and discusses how long-term financing impacts current stakeholder interests. The analysis includes tables and graphs to illustrate the financial data and trends, offering a comparative view of the companies' performance and financial strategies.

Accounting
and
Finance for Managers

Table of Contents
INTRODUCTION...........................................................................................................................3
PART A...........................................................................................................................................3
1a. Strategic goals for each company, including main strategic priorities and measurable
success measures in terms of financial development, financial stabilisation and economic
condition:.....................................................................................................................................3
1b.Perfromance analysis:.............................................................................................................4
1c. EVALUATION....................................................................................................................14
SECTION B...................................................................................................................................14
2a. The key sources of long-term internally and externally funding applicable to the businesses
listed are:....................................................................................................................................14
2b. Why long-term financing impacts current stakeholder interests........................................15
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17

INTRODUCTION
This review contains a detailed review and appraisal of three companies: the company of that
same Green-Core business, this same Hilton Food Company as well as the Premium Food
Group, both of which belong to almost the same supply chain and therefore are top competitors
(Kimmel, Weygandt and Kieso, 2018). The ratio analysis and business strategies, aims and
priorities of these undertakings are found even in the first segment, while the section two
discusses all primary and secondary sources through lengthy financing.
PART A
1a. Strategic goals for each company, including main strategic priorities and measurable success
measures in terms of financial development, financial stabilisation and economic
condition:
Greencore Group Plc: In such a increasing food market, the business's desire to boost
production relies on 2 core features: widening its product proposition and motivating consumers
to buy more. The strategy of the company is therefore to reinforce our relevance to the buyers by
pushing income through a shared supply chain, increasing value across their accounts, along with
doing more for clients. The accomplishment of the group's strategic aim depends on 4 core skills:
fresh food, core people, Greencore honesty and firm's performance. The execution of this
program involves a broad and knowledgeable organisation called Greencore Path, made possible
by a shared dedication and doing trade.
Hilton Food Group Plc: For something like a long time the business seems to have been a
lively company with high expectations. The company's reputation for success is what draws its
clients. Although their faith in lengthier alliances has powered their rise in multinationals. The
corporation's concern is to establish that the company's corporate partners exceed their rivals.
The company's goal as a corporation is Absolute Coordination. Business's devotion, engagement
and desire to do whatever it can to make its workers succeed. One job, one intent, one shared
aim. Organizational personnel are in the core of all the company does. Corporate national
heritage was always separable and important. The company's principles explain the results in
which they think see themselves as an entity and how they behave as individuals. Business staff,
based on common principles and established objectives, act as partners-supporting partners.

Premier Foods Plc: The company purpose guarantees them the great food which their big
companies enjoy, food which is nutritious, easy to cook and exist in various types, what they
have to do about that. That's also why clients see their brands in nearly 94% of the overall
members of the British family. The firm promotes famous brands and great products, and even
its purpose is to show how well the food agency is at the heart of how a collaborator does it
successfully. The organisation is committed to building a genuinely stunning operational site.
The organization's mutual principles provide workers with a collective decision-making process
and serve to motivate others mostly in manner in which they do jobs, and also force one another
to incorporate them into everyday operations. Over the past 3 years, substantial development has
also been accomplished in integrating the business's principles and priorities within the
organisation, growing development in collaboration and communication with employees, and
reinforcement of preparation in aspects such as leadership (Levy, 2015).
1b.Perfromance analysis:

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
Interpretation- According to the above table, it can be observed that in 2019 as well as 2020
words, the returns on earnings in the Greencore sense has improved. This means that there is still
a significant improvement in the productivity of the aforementioned company that produces
returns. From the other hand, the Hilton Company's performance was stable in the years 2019
and 2020, suggesting that they managed to achieve respectable equity yields. It may be measured
throughout the Premier Food Business sense that now the productivity of that same Premier Food
Corporation will be too poor compared to the above of most other businesses (Lusardi and
Mitchell, 2017).
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

Interpretation: According to the aforementioned figures as well as graph, it was found that,
relative to other firms, Green Core offers a better profitability ratio, which is about 19.12
percent. With only one exception being Hilton Business ratio decreased by about 2.96 percent in
the period-2020. The productivity of Premier Corporation is expensive compared to so many
firms, referring to above proportion, which is due 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
Interpretation: In so far as the Green-Core Market is saturated, it may be confirmed that their
effectiveness during the year 2020 relative to last year 2019 is already improved by a significant
amount. In comparison, owing to higher prices, Premier Food would have an adverse net profit
of around -5.18 percent. It would be a nice condition, despite the increasing success of this
Hilton Food Company during those 3 years.
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
Interpretation: In all 3 years, Green Core business as well as Premier Supermarket chain had the
same productivity. Like Premier Food Company, in such a manner similar, it's stronger than
most other businesses. In another extreme, relative to all firms, the performance of Hilton's
supermarket chain are weak. This is responsible for higher sales rates and dropping earnings.
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
Interpretation: Hilton Food Corporation is likely to maintain its profits on an annual basis until
the amount of constant tax and interest demonstrates its growth. Green Central Business as well
as the Premier Food Corporation, from the other side, observed a steady decline over the period-
2019 as well as productivity gains in-2020 as well.
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
Interpretation: Premier Business may be claimed that it is successful in recovering the
receivables from other 2 firms within a shortened time span in view of the debtor’s payment
period. Although Hilton Food Company tries to reimburse its bond holders for quite a bit longer.
In fact, Green Core Company has been able to decrease the turnaround time of trade debts
throughout a shortened duration in 2020 relative to 2019 (Masini and Menichetti, 2012).
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
Interpretation: Both Green Core Business and Hilton Supermarket Chain have identical payout
periods, both under the same timeframe, clearing their trade-creditor obligations. Hilton Food
corporation takes more time to meet its brief commitments.
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
Interpretation: In the above illustration, this would be seen on the suggested current ratio
generally presumed to be 2 which Green Core plc can only maintain a very proportion
throughout the period-2019 at that same level. While other companies were reluctant to do so
due to the higher financial commitments.
9. Net assets turnover 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
1
2
3
4
5
6
7
1.49 1.81 2.06
6.53
5.56
3.58
0.42 0.42 0.32
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Interpretation: This can be seen on the basis of the above map that perhaps the Hilton Food
Group business has a better combination as this is prepared to handle its assets with less timeline
and cost. Although Premier food seems to have a lower proportion, it estimates that its cash
cannot be regulated by the firm.
10. Gearing Ratio:

Interpretation: This graph shows that the financial leverage of Green Core as well as Hilton have
increased over 3 years, although the financial leverage of Premier Foods has declined and over
period as well as the financial leverage too has declined. This means the Premier Business has a
far more productive capital structure since it has a smaller range of gearing compared to others.
Non-financial ratios:
11. Shareholder fund per employee-
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
50
100
150
200
250
300
350
400
450
58 64
26
44 38 38
234 230
404
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Interpretation: There is a big development of various firms, since Premier Food Group has
strong recruiting funds which are almost 4 times greater than those of the majority of these two
companies.
12. Total assets per employee-