By William Axtell
Greggs reported record revenues and pre-tax profits yesterday, proving the wisdom of its transition from traditional baker to food-to-go retailer.
British Baker has produced a breakdown of the key facts and figures from the preliminary annual statement as a handy round-up.
Greggs 2016Create your own infographics
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The financial package from HSBC UK will allow the North Yorkshire-based pastry specialist to lease a 6,500 sq ft facility and purchase new equipment
Philly cheese steak, mac & cheese and Cajun chicken are among the flavours utilised by the range which aims to tap into the opportunity for afternoon snacking
The manufacturer’s annual accounts made up to 26 December 2020 also show the company generated an operating profit of £3.9m
The business aims to have 500 of its shops open until 8pm by the end of 2022 as part of a plan to double its turnover to £2.4bn by 2026
The acquisition of the bakery chain, which is headquartered in Scarborough, will see it strengthen EG Group’s foodservice offer and venture into the petrol forecourt market
Sales for 2020 were reduced to £6.1m from £18.7m in 2019, in a year that saw the company permanently close its high street and travel outlets
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