3 years, 11 months ago

MARKET REPORT: Greggs on a roll as profits return to pre-virus levels

Investors snapped up Greggs shares after the budget baker said profits were set to return to pre-pandemic levels. Greggs shares soared 10.5 per cent, or 246p, to 2591p – sending the group to the top of the FTSE 250 leaderboard Profits this year will be similar to its performance in 2019 – when it made £114million. Stock Watch - Hurricane Energy Former AIM darling Hurricane Energy sank further – falling 7.9 per cent, or 0.07p, to 0.78p – after it revealed restructuring plans that will almost wipe out existing investors. Greggs shares soared 10.5 per cent, or 246p, to 2591p – sending the group to the top of the FTSE 250 leaderboard. Weeks after a shareholder coup, the funeral provider said revenue jumped 14 per cent to £94.7million after 43,000 more people died in the first quarter than in the same period of 2020.

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