Greggs’ substantial progress with the brand transformation, backed by savvy use of social media, helped to deliver robust FY18 results, in spite of weather extremes, and an outstanding start to FY19. Consequently we have upgraded our forecasts three times since late November. The company is highly cash generative and likely to distribute part of the substantial cash balance (FY19e: £92.9m) with the H119 dividend.
14 Mar 2019
Greggs - Brand transformation rolls out cash
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Greggs - Brand transformation rolls out cash
Greggs plc (GRG:LON) | 2,802 448.3 0.6% | Mkt Cap: 2,865m
- Published:
14 Mar 2019 -
Author:
kate Heseltine -
Pages:
18
Greggs’ substantial progress with the brand transformation, backed by savvy use of social media, helped to deliver robust FY18 results, in spite of weather extremes, and an outstanding start to FY19. Consequently we have upgraded our forecasts three times since late November. The company is highly cash generative and likely to distribute part of the substantial cash balance (FY19e: £92.9m) with the H119 dividend.