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Greggs announces a ‘year of significant progress’
By Shaun Weston
18 March 2010
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Food
Highlights
Pre-tax profit up 8.0% to £48.8m (2008*: £45.2m)
Sales up 4.8% to £658m: like-for-like sales up 0.8%
Diluted earnings per share up 11.1% to 34.0p (2008*: 30.6p)
Dividend per share up 11.4% to 16.6p: 25th consecutive year of dividend growth
Completed programme to create a simpler and more focused business
Created single brand and harmonised product ranges across UKli>Beginning programme of accelerated expansion: 50-60 net new shops in 2010.
* 2008 figures exclude exceptional items*
Source: Greggs
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