Bakkavor Group (BAKK)

Sector:

Food

Index:

FTSE 250

129.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 129.00
  • 52 Week Low: 81.00
  • Currency: UK Pounds
  • Shares Issued: 579.43m
  • Volume: 44,174
  • Market Cap: £747.46m
  • RiskGrade: 195

Bakkavor holds FY guidance in face of \'subdued\' consumer confidence

By Duncan Ferris

Date: Thursday 23 May 2019

LONDON (ShareCast) - (Sharecast News) - Fresh food maker Bakkavor on Thursday maintained full year guidance despite continued subdued consumer confidence and inflationary pressures.


Though the acquisition of Blueberry Foods had strengthened its position, the food manufacturer said it was looking to increase operating efficiencies and optimise capacity after closing its loss-making Freshcook business.

\"Trading since the year end has been in line with management expectations and our guidance for the full year remains unchanged, with group performance broadly in line with 2018,\" the company said.

\"Demand is strong in our International markets; we are excited by the opportunities and continue to structure our businesses in the US and China for long-term growth.\"

Bakkavor\'s shares were up 2.46% at 124.80p at 0805 BST.

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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.

 

Bakkavor Group Market Data

Currency UK Pounds
Share Price 129.00p
Change Today 2.00p
% Change 1.57 %
52 Week High 129.00
52 Week Low 81.00
Volume 44,174
Shares Issued 579.43m
Market Cap £747.46m
RiskGrade 195

Bakkavor Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.06% above the market average67.06% above the market average67.06% above the market average67.06% above the market average67.06% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Price Trend
87.38% above the market average87.38% above the market average87.38% above the market average87.38% above the market average87.38% above the market average
92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average
Income
83.35% above the market average83.35% above the market average83.35% above the market average83.35% above the market average83.35% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average
Growth
14.29% below the market average14.29% below the market average14.29% below the market average14.29% below the market average14.29% below the market average
46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bakkavor Group Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 14-Sep-23
Paid 29-May-24 13-Oct-23
Amount 4.37p 2.91p

Trades for 20-May-2024

Time Volume / Share Price
13:13 1 @ 128.52p
12:44 2,303 @ 128.52p
12:39 2,659 @ 127.83p
12:15 815 @ 127.83p
12:15 5,912 @ 127.44p

Bakkavor Group Key Personnel

CEO Mike Edward
CFO Ben Waldron

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