Mar 3, 2020

Greggs had 'exceptional' 2019 after vegan launch

Sandwich chain Greggs said it had an "Exceptional" 2019, with sales up by 13.5% to £1.168bn, helped by the popularity of its vegan range. The baker saw a significant slowdown in February as storms kept customers away. Greggs also cautioned there is some uncertainty in the outlook, particularly given the potential impact of coronavirus. Pre-tax profits rose to £108.3m from £82.6m in 2018, the company said. "There is some uncertainty in the outlook, particularly given the potential impact of coronavirus. This aside we expect to make year-on-year progress and will do so from a strong financial position."

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