Greggs has demonstrated a strong trading recovery through FY21, which gave management confidence to accelerate its Next Generation Greggs growth strategy with the aiming of doubling revenue by FY26. The accelerated growth prospects reflect a combination of better opportunities in the property market due to COVID, helped by Greggs’ innovation in store formats, and pushing ahead with developing revenue in new channels and underpenetrated dayparts, which have trialled successfully. The growth will ....
16 Mar 2022
Greggs - Not peak Greggs yet
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Greggs - Not peak Greggs yet
Greggs plc (GRG:LON) | 3,080 0 0.0% | Mkt Cap: 3,149m
- Published:
16 Mar 2022 -
Author:
Russell Pointon -
Pages:
21
Greggs has demonstrated a strong trading recovery through FY21, which gave management confidence to accelerate its Next Generation Greggs growth strategy with the aiming of doubling revenue by FY26. The accelerated growth prospects reflect a combination of better opportunities in the property market due to COVID, helped by Greggs’ innovation in store formats, and pushing ahead with developing revenue in new channels and underpenetrated dayparts, which have trialled successfully. The growth will ....