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Tertre Rouge Assets — Revving up

Tertre Rouge Assets (TRA)

Last close As at 03/05/2024

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Consumer

Tertre Rouge Assets — Revving up

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Consumer

Tortilla Mexican Grill — Cracking on

Consumer

Hostelworld Group — Backpacking them in
Woman shopping vegetables at the supermarket

Consumer

Portobello SpA — Focus back on the operations

Consumer

Intralot Integrated Lottery Systems and Services — Focus on business development in FY24

Research: Consumer

Greggs — A strong finish to FY23

Greggs (GRG) enjoyed a stronger-than-expected end to FY23 with sales ahead of our estimates and consensus forecasts, enabling GRG to meet its profit expectations for the year. GRG’s strong revenue growth and an improved profit performance in FY23 means it has fared better than many other consumer-facing names during the year. With lower inflationary pressures, the company enters FY24 in a better place with respect to its selling price versus cost inflation than at the start of FY23, when it was still playing catch-up to the prior and ongoing rapid increases in input costs.

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