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Nov 26 2025, 07:00 GMT
Greggs plc
Fresh out of the oven: initiating on Greggs
- Sectors : Foods
- Companies : Greggs plc
DAVY VIEW
We are initiating coverage of Greggs plc (GRG), a scale and vertically integrated provider of branded ‘on the go’ food and beverage in the UK. Greggs combines owned manufacturing with a national retail estate to deliver speed, value and consistency across expanding dayparts and product categories. Recent years of peak capex are set to lift production and distribution capacity, which will support the next leg of its growth journey.
