Bakkavor Group (BAKK)

Sector:

Food

Index:

FTSE 250

 94.60p
   
  • Change Today:
      0.000p
  • 52 Week High: 121.00
  • 52 Week Low: 79.00
  • Currency: UK Pounds
  • Shares Issued: 579.43m
  • Volume: 0
  • Market Cap: £548.14m
  • RiskGrade: 195

Dividend Data

  31-Dec-2225-Dec-2126-Dec-2028-Dec-1929-Dec-18
Interim Dividend2.77p2.64pn/a2.00p2.00p
Final Dividend4.16p3.96p4.00pn/a4.00p
Total Dividend2.77p6.60p4.00p2.00p6.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-22 25-Dec-21 26-Dec-20 28-Dec-19 29-Dec-18
Continuing Operations          
Revenue 2,139.20 1,871.60 1,793.50 1,885.90 1,857.20
Operating Profit/(Loss) 38.70 102.00 62.00 68.90 85.20
Net Interest (20.80) (17.10) (21.00) (18.70) (13.20)
Profit Before Tax 18.10 81.40 44.20 43.80 77.90
Profit After Tax 12.50 56.80 34.10 36.90 67.20
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 12.50 56.80 34.10 36.90 67.20
Attributable to:          
Equity Holders of Parent Company 12.50 56.80 34.10 36.90 67.20
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 2.20p 9.80p 5.90p 6.40p 11.60p
Earnings per Share - Diluted 2.10p 9.60p 5.80p 6.30p 11.50p
Earnings per Share - Adjusted 9.50p 10.40p 8.70p 10.30p 14.50p
Continuing and Discontinued EPS          
Earnings per Share - Basic 2.20p 9.80p 5.90p 6.40p 11.60p
Earnings per Share - Diluted 2.10p 9.60p 5.80p 6.30p 11.50p
Earnings per Share - Adjusted 9.50p 10.40p 8.70p 10.30p 14.50p
           
Dividend per Share 6.93p 6.60p 4.00p 2.00p 6.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-22 25-Dec-21 26-Dec-20 28-Dec-19 29-Dec-18
Assets          
Non-Current Assets          
Property, Plant & Equipment 548.10 545.20 535.30 553.70 426.90
Intangible Assets 663.90 651.80 651.80 653.90 653.20
Investment Properties n/a n/a n/a n/a n/a
Investments 3.70 n/a n/a n/a 12.60
Other Financial Assets 9.90 n/a n/a n/a 0.20
Other Non-Current Assets 25.70 61.50 36.40 33.50 19.60
  1,251.30 1,258.50 1,223.50 1,241.10 1,112.50
Current Assets          
Inventories 86.20 70.80 63.80 64.40 62.80
Trade & Other Receivables 161.00 142.80 136.40 131.70 142.70
Cash at Bank & in Hand 40.20 31.10 24.80 25.90 12.40
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 2.70 0.30 0.70 n/a 1.90
  290.10 245.00 225.70 222.00 219.80
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,541.40 1,503.50 1,449.20 1,463.10 1,332.30
           
Liabilities          
Current Liabilities          
Borrowings 24.40 13.80 34.30 48.50 6.60
Other Current Liabilities 23.40 402.30 379.50 403.50 401.80
  47.80 416.10 413.80 452.00 408.40
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 395.10 391.40 402.30 409.80 312.40
Provisions 50.70 54.90 34.10 34.80 39.30
Other Non-Current Liabilities n/a 0.40 0.90 0.80 2.80
  445.80 446.70 437.30 445.40 354.50
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 923.60 862.80 851.10 897.40 762.90
           
Net Assets 617.80 640.70 598.10 565.70 569.40
           
Capital & Reserves          
Share Capital 11.60 11.60 11.60 11.60 11.60
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves (80.00) (102.00) (106.80) (103.70) (97.10)
Retained Earnings 686.20 731.10 693.30 657.80 654.90
Shareholders Funds 617.80 640.70 598.10 565.70 569.40
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 617.80 640.70 598.10 565.70 569.40
Cash Flow 31-Dec-22 25-Dec-21 26-Dec-20 28-Dec-19 29-Dec-18
Net Cash Flow From Operating Activities 127.10 144.00 88.50 114.00 99.10
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (63.70) (54.90) (56.20) (114.40) (123.70)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (55.40) (83.00) (33.20) 14.50 16.00
Net Increase/Decrease In Cash 8.00 6.10 (0.90) 14.10 (8.60)
Ratios - based on IFRS 31-Dec-22 25-Dec-21 26-Dec-20 28-Dec-19 29-Dec-18
Continuing Operations          
PE Ratio - Adjusted 10.1 12.8 9.2 13.6 9.1
PEG - Adjusted n/a 0.6 n/a n/a 1.0
Earnings per Share Growth - Adjusted -9% 20% -16% -29% 9%
Dividend Cover 1.37 1.58 2.17 5.15 2.42
Revenue per Share 370.38p 3.26p 309.53p 325.48p 320.52p
Pre-Tax Profit per Share 3.13p 0.14p 7.63p 7.56p 13.44p
Operating Margin 1.81% 5.45% 3.46% 3.65% 4.59%
Return on Capital Employed 9.17% 0.22% 15.64% 15.44% 33.19%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 10.1 1,272.7 9.2 13.6 9.1
PEG - Adjusted 0.0 n/a n/a n/a 1.0
Earnings per Share Growth - Adjusted 8,950% -99% -16% -29% 9%
Dividend Cover 1.37 0.02 2.17 5.15 2.42
           
Dividend Yield 7.2% 4.9% 5.0% 1.4% 4.5%
Dividend per Share Growth 5.00% 65.00% 100.00% (66.67%) n/a
Operating Cash Flow per Share 22.01p 24.85p 15.27p 19.68p 17.10p
Cash Incr/Decr per Share 1.39p 0.011p (0.15p) 2.43p (1.48p)
Net Asset Value per Share (exc. Intangibles) (7.98p) (1.92p) (9.27p) (15.22p) (14.46p)
Net Gearing 61.40% 58.39% 68.85% 76.44% 53.85%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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