Porsche has experienced a 6% decline in global sales in the first half of the year, attributing the decrease to challenging market conditions and heightened competition.
Greggs reported a 6.9% rise in total sales to £1.3 billion in the first half of the year, with like-for-like sales increasing by 2.6%. However, sales momentum sharply declined in June due to record-breaking heat, leading to reduced foot traffic and weaker demand for core products.
In the first quarter, we very clearly felt the effects of weak customer demand on our sales and earnings. In order to further improve our resilience, we must and will work on strategic enhancements.