Record Profit Makes Greggs Hot Property

The JournalMarch 15, 2005

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Summary


Bakery group Greggs has set its sights on expanding to 2,000 shops as it accelerates its growth programme on the back of record profits.

The Newcastle chain, which has 1,263 Greggs and Baker's Oven outlets, has previously said it aims to have 1,700 shops by 2010.

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Extract


Record Profit Makes Greggs Hot Property

But after unveiling a 15.3pc rise in pre-tax profits to pounds 46.7m yesterday, Greggs managing director Sir Mike Darrington sa...

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