Greggs Plc total sales improves by 13.5 per cent in Q4FY19

  • Jan 08, 2020 GMT
  • Team Kalkine
Greggs Plc (LON: GRG) has released the fourth quarter trading update financial year 2019.
  • The company’s total sales were up 13.5 per cent as compared to a growth of 7.2 per cent in 2018
  • Company-managed shop like-for-like sales improved by 9.2 per cent as against the 2.9 per cent growth in 2018.
  • The company opened 138 new shops opened in the year, while there were 41 closures
  • The company was having 2,050 shops trading as of 28 December 2019.
  • The full year underlying profit before tax of the company is expected to be slightly higher than its earlier estimates.
  • On 8th January 2020, at the time of writing, GMT 08:09 AM, GRG shares were trading at GBX 2,396.00, down by 6.00 points or 0.25% against the previous day closing price.

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