date:Feb 27, 2014
British baker Greggs said it was encouraged by improving sales since the start of the year as it capped a tough 2013 with a 19 percent slump in annual profit.
The firm, which has close to 1,700 shops in Britain, said on Wednesday pretax profit before exceptional items for the year to Dec. 28 fell to 41.3 million pounds ($68.90 million), in line with expectations, after a year in which trading was hit by competition and bad weather, as well as the cost of changes to the group's strategy.
Greggs