Greggs’ interims show a company in balance in several ways. First, operational and site development initiatives are driving consistent sales growth despite a challenging market. Second, the balance between low-price value and perceived quality is allowing it to cover peak input cost increases without a serious impact on margins. Third, the financial model is operating to support the dividend with a stable balance sheet.
09 Aug 2017
In balance
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In balance
Greggs plc (GRG:LON) | 2,838 -283.8 (-0.4%) | Mkt Cap: 2,902m
- Published:
09 Aug 2017 -
Author:
Paul Hickman -
Pages:
6
Greggs’ interims show a company in balance in several ways. First, operational and site development initiatives are driving consistent sales growth despite a challenging market. Second, the balance between low-price value and perceived quality is allowing it to cover peak input cost increases without a serious impact on margins. Third, the financial model is operating to support the dividend with a stable balance sheet.