Greggs has reported an uplift in sales and profit in the first half of the year. It has put the growth largely down to the popularity of its vegan sausage role.
In the six months to June 29th, underlying pre-tax profit, excluding property gains and exceptional charges, was £40.6 million, comparing to a profit of £25.7 million in the same period last year.
Company-managed shop like-for-like sales were up 10.5% in the period, while total sales climbed by 14.7% to £546 million.
Roger Whiteside, Greggs chief executive, said: “Greggs has delivered an exceptional first half performance, building on the strong finish to 2018. We have continued to make strategic progress with our programmes of investment in infrastructure to support future growth and in developing the products and channels to market that will help achieve our ambition to be the customers’ favourite for food-on-the-go.”
