Greggs Medium-term Growth Ambition Quantified
Greggs is the leading UK ‘foodon-the-go’ retailer. It has 2,146 shops and eight manufacturing and distribution centres and uses vertical integration to offer differentiated products at competitive prices. Management set a new ‘ambitious’ five-year target (to the end of FY26) to double revenue to £2.4bn (CAGR of 14–15%). The ambition is to extend Greggs’ strength from daytime retail to an all-day multichannel.
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