Bakkavor Group (BAKK)

Sector:

Food

Index:

FTSE 250

154.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 156.00p
  • 52 Week Low: 81.00p
  • Currency: UK Pounds
  • Shares Issued: 579.43m
  • Volume: 84,110
  • Market Cap: £892.32m
  • RiskGrade: 195

Bakkavor Q1 revenue rise as US delivers

By Frank Prenesti

Date: Wednesday 25 May 2022

LONDON (ShareCast) - (Sharecast News) - Food company Bakkavor said reported a rise in revenue for the three months to March 26, despite a hit to trading from Covid-19 lockdowns in China.
The company on Wednesday said revenue rose 11% year on year to £485.4m. Bakkavor said sales in China were "marginally" head and added that like-for-like US sales had surging by 37.4%.

"We expect the trading environment to remain challenging and for input costs to continue to escalate," Bakkavor said.

"However, we remain well placed to navigate the ongoing headwinds as our price recovery to date, combined with our continued drive for efficiency improvements and disciplined approach to cost control will help to mitigate the impact."

"Despite further recent increasing pressure on household budgets, we are highly focused on driving volumes across our categories and further strengthening our customer relationships by bringing innovation to our product ranges. We remain confident in our medium-term growth opportunity, both in the UK and internationally."

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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 154.00p
Change Today 1.50p
% Change 0.98 %
52 Week High 156.00p
52 Week Low 81.00p
Volume 84,110
Shares Issued 579.43m
Market Cap £892.32m
RiskGrade 195

Bakkavor Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
46.22% above the market average46.22% above the market average46.22% above the market average46.22% above the market average46.22% above the market average
18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average
Price Trend
94.96% above the market average94.96% above the market average94.96% above the market average94.96% above the market average94.96% above the market average
93.10% above the sector average93.10% above the sector average93.10% above the sector average93.10% above the sector average93.10% above the sector average
Income
63.45% above the market average63.45% above the market average63.45% above the market average63.45% above the market average63.45% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Growth
8.86% below the market average8.86% below the market average8.86% below the market average8.86% below the market average8.86% below the market average
48.15% above the sector average48.15% above the sector average48.15% above the sector average48.15% above the sector average48.15% 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 19-Jul-2024

Time Volume / Share Price
16:35 3 @ 154.00p
16:35 47,161 @ 154.00p
16:35 221 @ 154.00p
16:35 630 @ 154.00p
16:35 296 @ 154.00p

Bakkavor Group Key Personnel

CEO Mike Edward
CFO Ben Waldron

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