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Chronicle Live
Chronicle Live
National
Tom Keighley

Greggs warns on price increases despite posting record revenues

Outgoing Greggs boss Roger Whiteside has revealed record results and the return of a profit share scheme for its staff.

Mr Whiteside, who will step down as chief executive of the Newcastle bakery chain in a few months’ time, said the pandemic meant the retail sector had “never experienced such high levels of prolonged disruption to operations”.

But in interim results released to the Stock Exchange, Greggs revealed record sales of more than £1.2bn and the return of a £16.6m bonus pot for employees.

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