Greggs shops see healthy half-year sales

first_imgGreggs has published a strong set of results for the half-year to June.The bakery retailer’s group sales for the 24 weeks to 14 June 2008 were up by 7.7% to £276m. Pre-tax profits, excluding exceptionals and property, dipped 4.3% to £14.1m. Managing director Sir Michael Darrington said rising input costs had affected its margins. “The key thing is we deliberately didn’t put our prices up as fast as our ingredients costs went up. That’s taking a long-term view,” he said.Darrington will now step down and hand over to new chief exe-cutive Ken McMeikan.last_img read more

Wenger laments the decline of the target man

first_img “I would rather have (Aaron) Ramsey (score) 15, (Mesut) Ozil (score) 15, (Santi) Cazorla (score) 10, otherwise, if you have only one player who scores, when he is injured you don’t know who will score. “(Olivier) Giroud, (Theo) Walcott and (Alexis) Sanchez can get around 20 goals without any problem. “Sometimes you have to trust your players and play them. Then they get there. “People want always the absolute certainty that they will be absolutely successful. It is not like that. “I played (Nicolas) Anelka and people asked me, ‘Why did you not buy anybody?’ Thierry Henry the same. I said, ‘Let him play, maybe he will score’. Football is a bit like that.” Following next week’s Champions League opener away to Dinamo Zagreb, Arsenal head to Chelsea for a televised lunchtime kick-off on Saturday September 19. Wenger, though, is not about to slate the fixture schedulers. “Chelsea play as well (on Wednesday) and it is part of our job. I don’t think it will be a massive problem for us, but we will see,” he said. “I think we have gone down the way where we have to accept that television decides when you are going to play and we just adapt.” The Gunners boss chose not to sign another frontman during the transfer window, despite the loss of England international Danny Welbeck until Christmas following knee surgery. Wenger claims the calibre of player he feels would add to the Arsenal squad is just not available in the current market. Arsenal manager Arsene Wenger believes a complete rethink is needed in the academy set-up to help bring through more traditional old-style English centre-forwards. The French coach would like to see more done to develop home-grown talent rather than just look to overseas markets. “What we produce now are good technical players because there are nice pitches out there. Before (as a youngster) you played in the park where you had to kick the ball up front and you had to fight, a boy of 12 who played against a boy of 16 had to be shrewd and push to get the ball. All those kind of things have gone,” said Wenger, who has allowed the likes of promising target men Yaya Sanogo to join Ajax on loan and Chuba Akpom off to Hull to gain some much-needed first-team experience. “What I am convinced of is that in the academies we have to specialise the players. “There is an age from five to 12 where you have the acquisition of the technical areas, then at 12 to 14 you start to develop the speed and physical qualities, but from 14 onwards, when you start to position the players for their careers, maybe you have to work on a specific aspect of a position again, what we got naturally before in the street or in the park. “Maybe we have to rethink completely the education and specialise earlier. “Of course w e cannot now destroy the drainage to create water on the pitches and lift the ball to work on the heading, so I think we have to find another way to do it.” Wenger is confident Arsenal have enough attacking talent to cope with Welbeck’s unexpected extended absence. He said: “We will have to spread it through the squad. Press Associationlast_img read more