Greggs in festive spirit
Greggs has reported a 5.6 per cent rise in like-for-like sales over the festive trading period.
Like-for-like sales in the second half of the financial year increased by 5.8 per cent, giving overall growth in like-for-like sales for the year of 5.3 per cent. Group Managing Director Sir Michael Darrington said ‘The business has continued to achieve satisfactory like-for-like sales growth since our last trading update in October. Like-for-like sales in the second half of our financial year, comprising the 28 weeks to 29 December 2007, increased by 5.8 per cent, giving overall growth in like-for-like sales for the year of 5.3 per cent. The like-for-like sales increase over the Christmas and New Year trading
period, comprising the four weeks to 5 January 2008, was broadly in line with this at 5.6 per cent’.
.
