UK bakery reports pforits fall

British bakery chain Greggs today said it endured its toughest trading conditions for more than a decade last year after full year profits fell 13% to £43.7m (€64.5m).

British bakery chain Greggs today said it endured its toughest trading conditions for more than a decade last year after full year profits fell 13% to £43.7m (€64.5m).

The Newcastle-based company blamed the profits slide on tough trading conditions and higher energy costs during the year to December 30.

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