Teather & Greenwood forecasts full-year pre-tax profit for £44m at Greggs, the high-street baker, which also has restaurant seating in some outlets.
The company is targeting increased competition by broadening ranges and keeping its prices low.
The Financial Times says investors could continue to enjoy solid progress as long as the UK does not experience an Indian summer and cost pressures do not bite too hard.
Financial Times (Money & Business) 04/09/04 page 3 (Weekend share watch)
