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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Greggs plc    GRG   GB00B63QSB39

GREGGS PLC

(GRG)
  Report
Real-time Estimate Quote. Real-time Estimate CHI-X - 02/19 09:59:46 am
2395 GBp   +1.05%
01/23GREGGS PLC : Threshold crossings
CO
01/17Premier Foods developing vegan OXO beef stock cubes - CEO
RE
01/15Britain's Greggs to roll out home delivery with Just Eat
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Britain's Greggs to roll out home delivery with Just Eat

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01/15/2020 | 09:31am EST
FILE PHOTO: Signage and logo are pictured outside a branch of Greggs in Liverpool

British baker Greggs has joined forces with online food ordering company Just Eat for its latest growth initiative - offering home delivery across the country.

Greggs said on Wednesday that following a successful trial in London, Newcastle and Glasgow, it had opted to work exclusively with Just Eat, providing sausage rolls and steak bakes, including vegan-friendly versions, as well as sandwiches and sweet treats, direct to customers' doors.

After Birmingham and Bristol, delivery will next launch in Manchester, Leeds, Sheffield and Nottingham in the spring, with a plan to achieve national coverage by the end of the year.

Orders can be placed from as early as 0700 GMT, with no minimum spend, though there is a delivery charge.

Last week Greggs said it would pay staff a special bonus after a "phenomenal" year that included the launch of the vegan-friendly sausage roll and higher-than-expected profits.

Shares in Greggs were up 0.6% at 1408 GMT, taking gains over the last year to 62%, and giving it a market value of 2.5 billion pounds ($3.3 billion).

Just Eat is now part of Takeaway.com after the Dutch firm last week won a 6.2 billion pound bid battle.

(Reporting by James Davey; editing by Kate Holton)

Stocks mentioned in the article
ChangeLast1st jan.
GREGGS PLC 0.51% 2389.8 Delayed Quote.3.13%
JUST EAT PLC -0.14% 861 Delayed Quote.3.14%
JUST EAT TAKEAWAY.COM N.V. -0.55% 90.75 Delayed Quote.10.64%
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Latest news on GREGGS PLC
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Financials (GBP)
Sales 2019 1 164 M
EBIT 2019 118 M
Net income 2019 86,0 M
Finance 2019 72,4 M
Yield 2019 1,87%
P/E ratio 2019 28,3x
P/E ratio 2020 25,0x
EV / Sales2019 1,99x
EV / Sales2020 1,83x
Capitalization 2 384 M
Chart GREGGS PLC
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Greggs plc Technical Analysis Chart | MarketScreener
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Technical analysis trends GREGGS PLC
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 2 117,50  GBp
Last Close Price 2 370,00  GBp
Spread / Highest target 20,7%
Spread / Average Target -10,7%
Spread / Lowest Target -36,7%
EPS Revisions
Managers
NameTitle
Roger Whiteside Chief Executive Officer & Executive Director
Ian Charles Durant Chairman
Richard John Hutton Finance Director & Executive Director
Helena L. Ganczakowski Independent Non-Executive Director
Peter McPhillips Independent Non-Executive Director
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1st jan.Capitalization (M$)
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