Announcement • Apr 13
Greggs plc, Annual General Meeting, May 13, 2026 Greggs plc, Annual General Meeting, May 13, 2026. Location: the grand hotel high gosforth park, ne3 5hn, newcastle upon tyne United Kingdom Announcement • Dec 09
Greggs plc to Report Fiscal Year 2025 Results on Mar 03, 2026 Greggs plc announced that they will report fiscal year 2025 results on Mar 03, 2026 Announcement • Nov 21
Greggs plc Announces Changes in Board Greggs plc announced that Robert Moorhead has formally withdrawn his candidacy for the position of Non-Executive Director on the Board of Greggs. Kate Ferry will continue in her role as Non-Executive Director and Chair of the Audit Committee at this time. Announcement • Aug 28
Greggs plc Announces Board Changes Greggs plc announced that following the announcement by WHSmith plc on 21 August 2025 of a review by Deloitte, Robert Moorhead has requested to defer his appointment to the Board of Greggs until after that review is completed. In the interim Kate Ferry will remain as a Non-Executive Director and will continue to chair the Audit Committee. Announcement • Apr 16
Greggs plc, Annual General Meeting, May 21, 2025 Greggs plc, Annual General Meeting, May 21, 2025. Location: the grand hotel high gosforth park, ne3 5hn, newcastle upon tyne United Kingdom Announcement • Apr 09
Greggs plc to Report First Half, 2025 Results on Jul 29, 2025 Greggs plc announced that they will report first half, 2025 results on Jul 29, 2025 Announcement • Mar 04
Greggs plc Recommends Final Ordinary Dividend for 2024, Payable on May 30, 2025 The Board of Greggs plc recommended a final ordinary dividend of 50.0 pence per share (2023: 46.0 pence per share) for 2024. Together with the interim dividend of 19.0 pence (2023: 16.0 pence) paid in October 2024, this makes a total ordinary dividend for the year of 69.0 pence per share (2023: 62.0 pence per share). This is covered two times by underlying diluted earnings per share and is in line with progressive ordinary dividend policy, which aims to increase the dividend in line with growth in underlying earnings per share. Subject to the approval of shareholders at the Annual General Meeting, the final ordinary dividend will be paid on 30 May 2025 to shareholders on the register at 2 May 2025. New Risk • Jan 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Buy Or Sell Opportunity • Jan 10
Now 31% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to €26.00. The fair value is estimated to be €37.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Announcement • Jan 09
Greggs plc to Report Fiscal Year 2024 Results on Mar 04, 2025 Greggs plc announced that they will report fiscal year 2024 results on Mar 04, 2025 Board Change • Dec 30
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tamara Rogers was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 15
CFO & Executive Director recently sold €2.2m worth of stock On the 8th of October, Richard Hutton sold around 65k shares on-market at roughly €34.01 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €2.7m. Upcoming Dividend • Aug 29
Upcoming dividend of UK£0.19 per share Eligible shareholders must have bought the stock before 05 September 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.6%). Declared Dividend • Aug 02
First half dividend of UK£0.19 announced Shareholders will receive a dividend of UK£0.19. Ex-date: 5th September 2024 Payment date: 4th October 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 01
First half 2024 earnings released: EPS: UK£0.54 (vs UK£0.59 in 1H 2023) First half 2024 results: EPS: UK£0.54 (down from UK£0.59 in 1H 2023). Revenue: UK£960.6m (up 14% from 1H 2023). Net income: UK£55.1m (down 8.6% from 1H 2023). Profit margin: 5.7% (down from 7.1% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jul 30
Greggs plc Declares Interim Dividend, Payable on 4 October 2024 Greggs plc has declared an interim dividend of 19.0 pence per share (2023: 16.0 pence), consistent with the first-half increase in earnings per share. The overall ordinary dividend for the year will be proposed in line with progressive dividend policy, which targets a full year ordinary dividend that is around two times covered by underlying earnings. The interim dividend will be paid on 4 October 2024 to those shareholders on the register at the close of business on 6 September 2024. Announcement • Jun 27
Greggs plc to Report First Half, 2024 Results on Jul 30, 2024 Greggs plc announced that they will report first half, 2024 results on Jul 30, 2024 Announcement • May 09
Greggs plc Announces That Roisin Currie to Join the Board as Independent Non-Executive Director with Effect from 1St July 2024 Greggs plc announced that it has been informed by Roisin Currie that she will join the Board of Howden Joinery Group plc as an independent non-executive director with effect from 1st July 2024. Following her appointment Roisin will join the Audit, Remuneration, Nominations, and Sustainability Committees of the Howdens Board. Upcoming Dividend • Apr 18
Upcoming dividend of UK£0.86 per share Eligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%). Recent Insider Transactions • Apr 17
CFO & Executive Director recently sold €580k worth of stock On the 9th of April, Richard Hutton sold around 18k shares on-market at roughly €32.19 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €470k. Announcement • Apr 11
Greggs plc, Annual General Meeting, May 15, 2024 Greggs plc, Annual General Meeting, May 15, 2024, at 10:30 Coordinated Universal Time. Location: The Grand Hotel (formerly known as Marriott Gosforth Park Hotel) High Gosforth Park , Newcastle upon Tyne, NE3 5HN United Kingdom Agenda: To receive the accounts for the fifty two weeks ended 30 December 2023 together with the reports of the Directors and of the Auditor thereon; to re-appoint RSM UK Audit LLP as auditor to the Company; to authorise the Directors to determine the remuneration of the auditor of the Company; to declare a final dividend for the financial year ended 30 December 2023 of 46p per ordinary share of 2p in the capital of the Company, to be paid on 24 May 2024 to Members whose names appear on the register of members in respect of such shares at the close of business on 26 April 2024; to re-elect M Davies as a Director. Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: UK£1.41 (vs UK£1.19 in FY 2022) Full year 2023 results: EPS: UK£1.41 (up from UK£1.19 in FY 2022). Revenue: UK£1.81b (up 20% from FY 2022). Net income: UK£142.5m (up 19% from FY 2022). Profit margin: 7.9% (down from 8.0% in FY 2022). The decrease in margin was driven by higher expenses. Total stores: 2,473 (up by 145 from FY 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Apr 04
Greggs plc Appoints Tamara Rogers as an Independent Non-Executive Director, Effect from 1 June 2024 The Board of Greggs plc announced that it has appointed Tamara Rogers as an independent non-executive director with effect from 1stJune 2024. The Board intends that on appointment Tamara will join the Audit, Remuneration and Nominations Committees. Tamara is currently the Chief Marketing Officer of Haleon plc, the FTSE100 listed world-leading consumer healthcare company, and has over 30 years' experience across a range of commercial and marketing roles. Tamara joined GSK in 2018 having spent almost 25 years with Unilever plc, where she held significant leadership positions, and was appointed as CMO at Haleon ahead of its demerger from GSK and listing in 2022. Declared Dividend • Mar 07
Final dividend of UK£0.86 announced Shareholders will receive a dividend of UK£0.86. Ex-date: 25th April 2024 Payment date: 24th May 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 05
Full year 2023 earnings released: EPS: UK£1.41 (vs UK£1.19 in FY 2022) Full year 2023 results: EPS: UK£1.41 (up from UK£1.19 in FY 2022). Revenue: UK£1.81b (up 20% from FY 2022). Net income: UK£142.5m (up 19% from FY 2022). Profit margin: 7.9% (down from 8.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Feb 05
Greggs plc to Report Fiscal Year 2023 Results on Mar 05, 2024 Greggs plc announced that they will report fiscal year 2023 results on Mar 05, 2024 Upcoming Dividend • Aug 31
Upcoming dividend of UK£0.16 per share at 2.4% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (2.4%). Announcement • Aug 02
Greggs plc Declares Interim Dividend, Payable on 6 October 2023 Greggs plc Board has declared an interim dividend of 16.0 pence per share (2022: 15.0 pence), consistent with the first-half increase in earnings per share. The interim dividend will be paid on 6 October 2023 to those shareholders on the register at the close of business on 8 September 2023. Reported Earnings • Aug 02
First half 2023 earnings released: EPS: UK£0.59 (vs UK£0.45 in 1H 2022) First half 2023 results: EPS: UK£0.59 (up from UK£0.45 in 1H 2022). Revenue: UK£844.0m (up 22% from 1H 2022). Net income: UK£60.3m (up 31% from 1H 2022). Profit margin: 7.1% (up from 6.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • May 18
Greggs plc Announces Board Changes The Board of Greggs plc confirmed that, following the close of its Annual General Meeting 17 May 2023, the following Board changes come into effect: Sandra Turner and Helena Ganczakowski have stepped down as directors; Nigel Mills has been appointed Senior Independent Director; and Mohamed Elsarky has been appointed as the designated non-executive director having oversight of colleague engagement. Upcoming Dividend • Apr 20
Upcoming dividend of UK£0.44 per share at 2.1% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.1%). Board Change • Apr 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nigel Mills was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 04
Finance Director & Executive Director recently sold €193k worth of stock On the 31st of March, Richard Hutton sold around 6k shares on-market at roughly €31.79 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €297k. Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: UK£1.19 (vs UK£1.16 in FY 2021) Full year 2022 results: EPS: UK£1.19 (up from UK£1.16 in FY 2021). Revenue: UK£1.51b (up 23% from FY 2021). Net income: UK£120.3m (up 2.4% from FY 2021). Profit margin: 8.0% (down from 9.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 01
Upcoming dividend of UK£0.15 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 07 October 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%). Reported Earnings • Aug 03
First half 2022 earnings released: EPS: UK£0.45 (vs UK£0.44 in 1H 2021) First half 2022 results: EPS: UK£0.45 (up from UK£0.44 in 1H 2021). Revenue: UK£694.5m (up 27% from 1H 2021). Net income: UK£45.9m (up 3.4% from 1H 2021). Profit margin: 6.6% (down from 8.1% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.0%, compared to a 709% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 29
Finance Director & Executive Director recently sold €104k worth of stock On the 20th of May, Richard Hutton sold around 4k shares on-market at roughly €25.59 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Richard has been a buyer over the last 12 months, purchasing a net total of €16k worth of shares. Upcoming Dividend • May 05
Upcoming dividend of UK£0.42 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.1%). Higher than average of industry peers (1.7%). Announcement • Apr 28
Greggs plc Appoints Lynne Weedall as an Independent Non-Executive Director, Effective 17 May 2022 The Board of Greggs plc announced that it has appointed Lynne Weedall as an independent non-executive director, with effect from 17 May 2022. Lynne will join the Board immediately following the close of the Annual General Meeting currently scheduled on that date. Lynne is currently the senior independent non-executive director and Remuneration Committee Chair at Dr. Martens plc, and at Stagecoach plc, and on 3 May 2022 is due to join the Board of Softcat plc as non-executive director and Chair of the Remuneration Committee. The Board intends that Lynne will be appointed as Chair of the Remuneration Committee when Helena Ganczakowski steps down from the Board in 2023. Announcement • Apr 13
Greggs plc to Report Q1, 2022 Results on May 16, 2022 Greggs plc announced that they will report Q1, 2022 results on May 16, 2022 Recent Insider Transactions • Mar 30
Chief Executive & Director recently bought €227k worth of stock On the 25th of March, Roger Whiteside bought around 8k shares on-market at roughly €29.06 per share. This was the largest purchase by an insider in the last 3 months. This was Roger's only on-market trade for the last 12 months. Upcoming Dividend • Mar 17
Upcoming dividend of UK£0.40 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 29 April 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (2.4%). Reported Earnings • Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: UK£1.16 (up from UK£0.13 loss in FY 2020). Revenue: UK£1.23b (up 52% from FY 2020). Net income: UK£117.5m (up UK£130.5m from FY 2020). Profit margin: 9.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 104% growth forecast for the restaurants industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €34.07, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Hospitality industry in Europe. Total returns to shareholders of 112% over the past three years. Upcoming Dividend • Sep 02
Upcoming dividend of UK£0.15 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 08 October 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (2.0%). Reported Earnings • Aug 04
First half 2021 earnings released: EPS UK£0.44 (vs UK£0.53 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£546.2m (up 82% from 1H 2020). Net income: UK£44.4m (up UK£98.2m from 1H 2020). Profit margin: 8.1% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Executive Departure • Aug 04
Independent Non-Executive Director Peter McPhillips has left the company On the 31st of July, Peter McPhillips' tenure as Independent Non-Executive Director ended after 7.4 years in the role. As of March 2021, Peter still personally held only 1.00k shares (€26k worth at the time). Peter is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 10.00 years. Recent Insider Transactions • May 23
Finance Director & Executive Director recently sold €365k worth of stock On the 20th of May, Richard Hutton sold around 13k shares on-market at roughly €28.58 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.1m. Richard has been a seller over the last 12 months, reducing personal holdings by €637k. Announcement • May 11
Greggs plc Provides Earnings Guidance for the Fiscal Year 2021 Greggs plc provided earnings guidance for the fiscal year 2021. However, given recent trading performance, the Board now believes that profits are likely to be materially higher than its previous expectation, and could be around 2019 levels in the absence of further restrictions. Reported Earnings • Apr 16
Full year 2020 earnings released: UK£0.13 loss per share (vs UK£0.86 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£811.3m (down 31% from FY 2019). Net loss: UK£13.0m (down 115% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Recent Insider Transactions • Apr 09
Finance Director & Executive Director recently sold €271k worth of stock On the 6th of April, Richard Hutton sold around 10k shares on-market at roughly €27.15 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.1m. This was Richard's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 19
CEO & Director recently sold €717k worth of stock On the 17th of March, Roger Whiteside sold around 28k shares on-market at roughly €25.58 per share. This was the largest sale by an insider in the last 3 months. Roger has been a seller over the last 12 months, reducing personal holdings by €522k. Reported Earnings • Mar 17
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£811.3m (down 31% from FY 2019). Net loss: UK£13.0m (down 115% from profit in FY 2019). Is New 90 Day High Low • Feb 24
New 90-day high: €25.78 The company is up 26% from its price of €20.38 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.10 per share. Is New 90 Day High Low • Feb 03
New 90-day high: €24.58 The company is up 60% from its price of €15.35 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.25 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €21.58 The company is up 43% from its price of €15.12 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.74 per share. Is New 90 Day High Low • Nov 09
New 90-day high: €18.02 The company is up 17% from its price of €15.42 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.01 per share. Announcement • Aug 02
Greggs plc Expects to Close About 50 Shops over the Year 2020 Greggs plc expects to close about 50 shops over the year 2020. 
