Monday 26 August 2019

Greggs' vegan sausage rolls drives 58pc rise in profit

Greggs was boosted by sales of its vegan sausage rolls.
Greggs was boosted by sales of its vegan sausage rolls.
Independent.ie Business Desk

Greggs, the British baker and food-on-the-go retailer, posted a 58pc rise in first-half profit on Tuesday, driven by a boost to sales from the popularity of its vegan sausage rolls.

The firm, which trades from around 2,000 outlets in the UK, reported underlying pretax profit of £40.6m (€45m) in the six months to 29 June, up from £25.7m (€28m) in the same period last year.

Total sales rose 14.7pc to £546m (€603m), while like-for-like sales at company-managed shops were up 10.5pc.

Reuters

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