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Gail’s sales soar amidst major expansion 

Upmarket bakery Gail’s saw revenue rise 20% to £278m last year, with EBITDA also up 20% to £53.3m. The chain opened 36 new sites and plans 40 more, despite widened pre-tax losses of £7.8m due to high costs. Owner Bain Capital is seeking new investment.
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