New bakery products help drive Greggs' growth

LONDON - Greggs is accelerating its programme of new shop openings and launching a national TV campaign later this year after reporting a 7.3% rise in first-half pre-tax profits.


The company attributed the growth to the recession and said while the chain's best-selling products continued to underpin performance with 2m sausage rolls sold every week, sales of new products had trebled year on year.

Greggs now plans to open 40 shops in the second half of the year.