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High street bakery chain says it is on track to open 100 new outlets this year

Greggs has returned to profit after sales bounced back above pre-pandemic levels, as the bakery chain looks to hire 500 new staff and expand its network of shops.

Greggs, known for its sausage rolls, steak bakes and vegan snacks, reported a £55.5m pretax profit in the 26 weeks to 3 July. The company, which has raised its profit guidance for the year and reinstated its dividend on the back of the strong performance, reported a £65.2m loss in the same period last year.

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