Molly Wylenzek

Molly Wylenzek joined Jefferies in April 2019 and has been covering Food/HPC for over 10 years. David Hayes joined Jefferies in October 2023 to cover the European Food and HPC sectors. He has 20+ years of experience covering the Staples sector. Feng Zhang joined the team as a graduate in 2020, after finishing her master’s degree. Tom Randall joined the team in April 2025 from Unilever IR.

What We Are Known For

• Identifying changes in growth dynamics. Having seen the evolution of performance across Staples over a combined 30+ years, we are able to better consider what has changed. Why were companies like NESN, UNA posting over 5% underlying sales growth before c.2015 and then exhibiting just c.3% 2017/19? Are 2019 peak margin levels the right base level from here, what conditions help support this attainment, and so what now?
• Detailed modelling, including logical reconciliation on margin evolution. We are prepared to take anti-consensus views on estimates & ratings and provide detailed explanation on how we arrive at our forecasts.