Don't forget Greggs is in the middle of a large CAPEX spend, building out their Derby and Kettering distribution centres, generating capacity for upto 3500 shops up from its current 2500 shops. This CAPEX spend ends this year for derby and next year for Kettering. Freecashflow should 3-4x in 2027.....
Greggs really need to start expanding internationally (Republic of Ireland seems an obvious starting point) if it wants to continue this kind of growth in the long term
Don't forget Greggs is in the middle of a large CAPEX spend, building out their Derby and Kettering distribution centres, generating capacity for upto 3500 shops up from its current 2500 shops. This CAPEX spend ends this year for derby and next year for Kettering. Freecashflow should 3-4x in 2027.....
That's good to know. Thanks!
Greggs really need to start expanding internationally (Republic of Ireland seems an obvious starting point) if it wants to continue this kind of growth in the long term
Yes. It will be interesting to see how well it travels to other markets.