Greggs Serves Up Tasty Earnings; Bakery Chain Clocks Up 12th Consecutive Year of Growth

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Greggs, the UK's largest bakery, announced a tasty rise in profits yesterday and said that it plans a (pounds) 1m expansion of its factory in Edinburgh to meet demand from Scottish customers.

The Newcastle-based company, which sells more than 100 million sausage rolls a year, reported record pre-tax profits of (pounds) 40.5m on (pounds) 457m turnover up 10.4% as it recovered late in the year from a summer heatwave which wilted sales of savouries.

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Greggs Serves Up Tasty Earnings; Bakery Chain Clocks Up 12th Consecutive Year of Growth

This is the 12th consecutive year of profit growth for the bakery chain which reported overall growth of 3.3% in like-for-lik...

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