Like-for-like sales at Greggs grew by 1.4% in 2011, as the high street baker served more than six million customers a week.
Pre-tax profits edged up by 1.1% to £53.1m, the company announced today, against total sales for the year up 5.8% to £701m.
In the calendar year, Greggs opened a record 84 new stores and spent £21m on new bakeries in Newcastle and Cumbria.
“Greggs performed well in 2011 in what was a very challenging time for the economy and the consumer,” said chairman Derek Netherton.
“In the current year we will continue our accelerated expansion with the opening of around 90 net new shops and further development of new channels to market. This, and our determination to deliver further cost savings, reinforces our belief that the business continues to offer substantial opportunities for long-term, profitable growth.”