Added to YB: 2025-11-13
Pitch date: 2025-11-11
GRG.L [bullish]
Greggs plc
+2.78%
current return
Author Info
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Company Info
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks, as well as ready to drink canned products.
Market Cap
GBP 1.6B
Pitch Price
GBP 15.84
Price Target
N/A
Dividend
4.38%
EV/EBITDA
5.93
P/E
11.16
EV/Sales
0.97
Sector
Hotels, Restaurants and Leisure
Category
growth
OB Picks for 26 - GRG 3Q25 update
GRG.L (earnings): UK bakery chain targeting £2,149M revenue (+6.7% YoY) in 2025, driven by massive Tesco expansion to 820 stores (vs 13 years at Iceland). LFL sales +2.2% YTD, non-LFL surging +22.3%. Major capacity investments completing, turning FCF generative. 4.5% dividend yield growing, targeting 5%+ by 2027. Strong brand expanding into frozen FMCG.
Read full article (6 min)