March 23, 2020 / 4:59 PM / 12 days ago

UK baker Greggs to temporarily shut stores, scraps dividend

March 23 (Reuters) - British baker Greggs said on Monday it would temporarily shut all its shops and scrapped its 2019 final dividend, citing the impact of the fast-spreading coronavirus on its business.

Greggs, which has more than 2,050 outlets in the UK, said it does not expect a rise in year-on-year profit for the current fiscal.

Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Anil D'Silva

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