Business News: Bakers Greggs cut profit forecast by £3m
The Daily Record (Free subscription) | yesterday
REELING bakery chain Greggs have been forced to slash their profit forecasts by £3million.
The Daily Record (Free subscription) | yesterday
REELING bakery chain Greggs have been forced to slash their profit forecasts by £3million.
The Telegraph (Free subscription) | 09/10/2008
Bakery chain Greggs cut its profit forecast after poor summer weather hurt sales and high ingredient costs ate into margins.
Liverpool Daily Post.co.uk - Home (Free subscription) | 09/10/2008
Bakery chain Greggs is today blaming weather-hit sales and rising costs for its decision to cut £3m from full-year profit forecasts.
The Independent (Free subscription) | 09/10/2008
Bakery chain Greggs today blamed weather-hit sales and rising costs for its decision to cut £3 million from full-year profit forecasts.
The Telegraph (Free subscription) | 09/10/2008
Bakery chain Greggs cut its profit forecast after poor summer weather hurt sales and high ingredient costs ate into margins.
The Guardian (Free subscription) | yesterday
Bakery chain reports low profits despite passing costs of fuel and raw materials to customers
Times Online (Free subscription) | 09/10/2008
Higher energy and ingredient costs have taken a bite out of increasing sales at Greggs, the bakery chain, which today gave warning that its full-year profits will be at least £3 million lower than forecast.
Scotsman.com (Free subscription) | yesterday
POOR weather and a year of rising costs has prompted bakery chain Greggs to cut £3 million from its full-year profit forecasts.
Manchester Evening News (Free subscription) | yesterday
BAKERY chain blamed weather-hit sales and rising costs for its decision to cut £3m from full-year profit forecasts.
BBC News (Free subscription) | 09/10/2008
While Greggs said like-for-like sales fell in the 16 weeks to 4 October, due to "extremely poor weather in August and early September", they rose 5.7% over the final three weeks.
Financial Time (Free subscription) | 09/10/2008
The sandwiches retailer, warned profits would be £3m lower than it had previously expected and said it was cutting back capital spending by 10 per cent
Edinburgh Evening News (Free subscription) | 09/10/2008
BAKERY chain Greggs today blamed weather-hit sales and rising costs for its decision to cut £3 million from full-year profit forecasts.
The Independent (Free subscription) | yesterday
Our view: Tentative holdShare price: 3,209p (-217p)The pasty and sausage roll seller Greggs prides itself on its budget nosh for the masses, as its adverts starring the earthy Northern comic Paddy McGuinness tacitly imply. It hasn't had the best of years so far, but the market conditions could well make it one of the stronger performers in its sector.The group produced a disappointing interim...
Reuters UK (Free subscription) | 09/10/2008
LONDON (Reuters) - Bakery chain Greggs has cut its full-year profit forecast by 3 million pounds, blaming a weather-related dip in sales and a decision not to pass on higher costs to cash-strapped customers.
The Daily Record (Free subscription) | yesterday
Greggs The Bakers Firm Will Be £3m Down