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Greggs profits down as bakery sales cool


By Michael Griffiths

Greggs has reported a 17.9% fall in statutory pre-tax profit to £167.4m in its latest annual results, as the bakery chain cited a “challenging food-to-go market”.

The company also announced a sales slowdown to start the 2026 financial year, with like-for-like sales in company-managed shops increasing by 1.6% year-on-year in the first nine weeks of 2026


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Aberdeen Group in ‘much better shape’ in 2025 results

Aberdeen Group has stated that it is in a "much better shape" as a company following the publication of its 2025 financial results

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Reach profits up despite dip in annual revenue

Reach has posted a 2.3% jump in adjusted operating profit to £104.7m in its latest annual results, at an improved margin of 20.2%

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Kier Group hits record order book in H1

Kier Group has recorded 5% year-on-year growth in its order book to total a record £11.6bn, providing a "clear path for future cash flows and earnings", it said

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Three hotel chains investigated by UK competitions regulator

The Competition and Markets Authority (CMA) has launched an investigation into three hotel chains alleged to have shared competitively sensitive information with one another

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Bunzl shares increase as it reiterates full-year guidance

Bunzl has recorded a 2% increase in its share price after it reiterated its 2026 guidance in its full-year results

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Phoenix Group completes name change to Standard Life

Phoenix Group Holdings plc has changed its name to Standard Life plc and has been listed on the London Stock Exchange under the ticker of SDLF

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Rolls-Royce shares reach all-time high as it upgrades guidance

Shares in Rolls-Royce jumped by over 6% in early trading to an all-time high after the engineering firm increased its mid-term operating profit guidance

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IAG profits continue to soar in 2025

International Airlines Group (IAG) has reported a 26.4% increase in its profit before tax, totalling €4.5bn in the year to 31 December

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Ocado cuts 1,000 jobs in cost-saving drive

Ocado is planning to cut 1,000 jobs, an estimated 5% of its workforce, as the online grocery retailer seeks to cut costs

Corporate Finance Awards 2026: Open to entries

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