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Greggs lifts first-half sales to £1.1bn as heatwave lines drive demand

The UK bakery chain said it opened 34 new sites on a net basis, and its first-half pre-tax profit rose nearly 20% to £76m.

Reported · Written up by our desk · M&A & Deals

Greggs reported first-half sales of £1.1bn, up 7.2% year on year, as iced matcha lattes, a wider salads lineup, and chicken rolls helped it adapt to a run of UK heatwaves, the Guardian Business reported. The company also said sales growth was supported by its expanded store network.

The Newcastle-headquartered chain had 2,773 outlets in the UK by the end of June, after opening 34 new sites on a net basis. Greggs said sales at existing stores rose 2.1% between January and June, helped by price increases on key items early in 2026.

Greggs chief executive Roisin Currie said the company does not expect to raise prices further this year as its outlook for cost inflation improved to 2% from 3%. She added that Greggs has hedged 90% of its energy costs for 2026, and half of those for 2027, amid a recent oil-price surge.

For the first half, pre-tax profit rose almost 20% to £76m, driven by cost control and growth in its “bake at home” frozen range launched in Tesco earlier this year. Greggs said it also expanded the range sold in Iceland supermarkets, and pointed to cocoa and coffee costs easing after a period of high inflation.

Latest closeCoffee $340.50 ▲4.9%|Cocoa $5,206.00 ▲2.1%

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