London close: Stocks finish mixed as US GDP growth slows
25th Apr 2024 15:14
(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Read moreBakkavor sees 2024 profits at upper end as China markets rebound
5th Mar 2024 07:37
(Sharecast News) - Prepared food supplier Bakkavor said it expected 2024 adjusted operating profit to be at least in line with upper end of market expectations after posting a strong rise in earnings last year as its markets in China recovered from Covid-19 restrictions.
Read moreBakkavor FY revenues grow on strong China trading
18th Jan 2024 09:17
(Sharecast News) - Food manufacturer Bakkavor said on Thursday that full-year revenues had grown, with a strong showing in China offsetting weakness in the US.
Read moreLondon close: Stocks mixed on relatively quiet Monday
15th Jan 2024 15:37
(Sharecast News) - London's stock market finished with a mixed performance on Monday, after underwhelming reports from PageGroup and Crest Nicholson.
Read moreBakkavor investor Baupost sells 20% stake to private equity firm
15th Jan 2024 07:41
(Sharecast News) - Bakkavor has announced a board change after hedge fund Baupost sold its stake in the food manufacturing group to private equity firm LongRange Capital.
Read moreLondon close: Stocks slip on rising oil price concerns
6th Sep 2023 17:43
(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.
Read moreBakkavor lifts outlook as China volumes, prices rise
6th Sep 2023 07:48
(Sharecast News) - Food company Bakkavor on Wednesday lifted full-year guidance as higher prices and volumes in China helped it post a rise in profit and revenue for the half-year
Read moreBakkavor lifts full-year profit outlook
31st May 2023 07:37
(Sharecast News) - Fresh food provider Bakkavor lifted its full-year profit outlook on Wednesday as it reported an "encouraging" first-quarter trading performance, in line with expectations.
Read moreBakkavor FY profits slump amid soaring costs, inflation
8th Mar 2023 07:19
(Sharecast News) - Fresh food company Bakkavor warned of a tough year ahead as 2022 profits slumped by 78% due to inflation, higher costs and changing consumer habits amid the cost of living crisis.
Read moreBakkavor FY profits slump amid soaring costs, inflation
8th Mar 2023 07:19
(Sharecast News) - Fresh food company Bakkavor warned of a tough year ahead as 2022 profits slumped by 78% due to inflation, higher costs and changing consumer habits amid the cost of living crisis.
Read moreBakkavor trading in line; UK performance solid, China weak
19th Jan 2023 10:50
(Sharecast News) - Food provider Bakkavor hailed a solid full-year performance on Thursday, in line with expectations, as it posted record revenues.
Read moreBakkavor FY adjusted operating profits seen at 'lower end' of consensus
23rd Nov 2022 09:11
(Sharecast News) - Food manufacturer Bakkavor cautioned on Wednesday that it expects full-year adjusted operating profits to remain within, but "at the lower end" of market expectations.
Read moreBerenberg lowers target price on Bakkavor
13th Sep 2022 10:17
(Sharecast News) - Analysts at Berenberg lowered their target price on food manufacturing group Bakkavor from 110.0p to 95.0p on Tuesday, citing lower earnings trajectory.
Read moreBakkavor delivers 'robust' H1 performance
7th Sep 2022 09:11
(Sharecast News) - Food manufacturer Bakkavor said on Wednesday that it had delivered a "robust" first-half performance and stated its full-year outlook was in line with current expectations.
Read moreBakkavor Q1 revenue rise as US delivers
25th May 2022 08:02
(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.
Read more