The bakery chain, which has 1660 stores in the
Sales began to pick up at the end of last year, but a decision to scrap dozens of in-store bakeries and a management cull led to the loss of 400 jobs. The company has abandoned plans increase its total number of stories and create coffee shops to concentrate on its traditional range of baked goods. But it plans to spend £50m to upgrade 200 shops this year.
The company announced it will pay a dividend of 6p a share.
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