Greggs’ H121 results demonstrate how well management has steered the company through COVID-19, notably the re-instatement of the interim dividend. Management is now firmly focused on delivering on its refreshed long-term growth strategy. We have upgraded our FY21 PBT forecasts by 7% to reflect the resilient trading and cost control. Our forecasts for revenue, PBT and dividends in FY21 are higher than reported in FY19, despite the ongoing disruption to some parts of the estate, highlighting the s ....
06 Aug 2021
Greggs - Let’s talk about growth…
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Greggs - Let’s talk about growth…
Greggs plc (GRG:LON) | 2,802 448.3 0.6% | Mkt Cap: 2,865m
- Published:
06 Aug 2021 -
Author:
Russell Pointon -
Pages:
7
Greggs’ H121 results demonstrate how well management has steered the company through COVID-19, notably the re-instatement of the interim dividend. Management is now firmly focused on delivering on its refreshed long-term growth strategy. We have upgraded our FY21 PBT forecasts by 7% to reflect the resilient trading and cost control. Our forecasts for revenue, PBT and dividends in FY21 are higher than reported in FY19, despite the ongoing disruption to some parts of the estate, highlighting the s ....