10 Feb 2016

Satisfactory Q3 update

- Sahill Shan
- 3 pages

A satisfactory Q3 trading update from Greene King this morning which shows it had a strong Christmas and that the LFL trend has improved in Q3 vs H1. No consensus upgrades envisaged this morning, but in the context of mixed peer updates recently, today’s news should be viewed favourably. We stay at Buy with a 900p Tp.

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Satisfactory Q3 update

Greene King (GNK:LON) | 0 0 0.0%

Published: 10 Feb 2016
Author: Sahill Shan
Pages: 3

A satisfactory Q3 trading update from Greene King this morning which shows it had a strong Christmas and that the LFL trend has improved in Q3 vs H1. No consensus upgrades envisaged this morning, but in the context of mixed peer updates recently, today’s news should be viewed favourably. We stay at Buy with a 900p Tp.