Companies: GRG   

This sandwiches, savouries and bakery products venture revealed that volume growth 'continued to be strong' during the second half of the year. In an upbeat trading update, the board claimed that Greggs had enjoyed a particularly good performance from its takeaway food ranges. Like-for-like sales were strong and the overall growth rate in the second half was higher than reported in the first half. This will all come as exciting news to shareholders, since the company posted record pre-tax profits at the half year stage last August due to a refit and portfolio rationalisation. For the 24 weeks ended 17 June, profits were lifted by 22.1% to £7.8m on turnover buoyed 8% to £148m.