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Greggs sales growth slows
BAKERY chain Greggs has seen sales growth slow after a “challenging” first half, it said yesterday. The baker, known for its sausage rolls and steak bakes, recorded sales growth of just 0.4 per cent in the 26 weeks to 2 July, down from 0.8 per cent in the first 18 weeks of the year.
But total sales jumped 4.2 per cent to £335m on the same period last year, while pre-tax profit for the first 26 weeks of the year rose to £24.71m, up 33.1 per cent from £18.57m.