Added to YB: 2024-03-08
Pitch date: 2024-03-08
GRG.L [bullish]
Greggs plc
-39.84%
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 1.7B
Pitch Price
GBP 26.25
Price Target
N/A
Dividend
4.21%
EV/EBITDA
6.12
P/E
11.62
EV/Sales
1.00
Sector
Hotels, Restaurants and Leisure
Category
growth
Show full summary:
$GRG: Half Way There
Greggs (GRG.L) posts strong FY23 results amidst UK recession. Rev £1.81B (+20%), net income £142.5M (+18%), LFL sales +13.7%. Expanding stores, delivery, digital, evening trade. Investing in production capacity. Solid balance sheet, special div. Sampling menu impressive.
Read full article (7 min)