Berenberg lowers target price on Bakkavor
21st Mar 2022 10:46
(Sharecast News) - Analysts at Berenberg lowered their target price on food manufacturer Bakkavor from 145.0p to 125.0p on Monday, stating pressures still lingered despite visible improvements.
Read moreBakkavor revenue tops pre-Covid comparator in 2021
8th Mar 2022 10:30
(Sharecast News) - Prepared food provider Bakkavor reported a 6.2% improvement in like-for-like revenue in its full-year results on Tuesday, taking it above pre-pandemic levels in 2019, to £1.89bn.
Read moreBerenberg reiterates 'hold' rating on Bakkavor shares
25th Jan 2022 10:23
(Sharecast News) - Analysts at Berenberg reiterated their 'hold' rating on food manufacturer Bakkavor on Tuesday, stating they were still playing a "waiting game" when it came to the stock.
Read moreBakkavor FY trading performance strong despite 'unprecedented challenges'
13th Jan 2022 09:16
(Sharecast News) - Food manufacturer Bakkavor said on Thursday that it had delivered "a robust financial performance" across all its regions during 2021 despite "unprecedented challenges" in the form of supply chain constraints, labour shortages and cost inflation.
Read moreBakkavor restarts dividend as revenue tops pre-Covid levels
8th Sep 2021 07:46
(Sharecast News) - Food supplier Bakkavor Group reported a 4% rise in group revenue in its first half on Wednesday, to £915.7m, with like-for-like revenue rising 6.4% year-on-year to £924.9m, which was 1.2% ahead of the same part of 2019.
Read moreBakkavor reports 'strong sales momentum' as Covid-19 restrictions ease
21st Jul 2021 08:13
(Sharecast News) - Food manufacturer Bakkavor said on Wednesday that it has seen "strong sales momentum" following the easing of Covid-19 restrictions, helping it deliver growth on the equivalent periods in both 2019 and 2020.
Read moreBakkavor maintains strong cash position as revenue, earnings fall
16th Mar 2021 07:43
(Sharecast News) - Fresh prepared food producer Bakkavor reported a 4.9% fall in group revenue in its full-year results on Tuesday, to £1.79bn, with demand returning to its fresh, convenient foods outside of Covid-19n lockdown restrictions.
Read moreBakkavor CFO Peter Gates to retire
14th Oct 2020 10:17
(Sharecast News) - Bakkavor said on Wednesday that chief financial officer Peter Gates plans to retire at the end of the year after 10 years at the food manufacturing company.
Read moreBakkavor April, May UK sales slump in coronavirus lockdown
12th Jun 2020 07:44
(Sharecast News) - Fresh food group Bakkavor reported sharp falls in UK like-for-like revenues in April and May as the coronavirus lockdown took hold.
Read moreBakkavor pullls guidance, suspends dividend amid Covid-19 outbreak
2nd Apr 2020 08:02
(Sharecast News) - Fresh foods provider Bakkavor withdrew its 2020 guidance and scrapped its final dividend on Thursday due to the coronavirus pandemic.
Read moreBakkavor warns coronavirus to hit annual profit
27th Feb 2020 09:42
(Sharecast News) - Bakkavor warned the impact of the coronavirus could reduce earnings by up to £10m in the current financial year as the fresh foods business reported a 19% fall in annual operating profit.
Read moreSunday share tips: Bakkavor, Moneysupermarket.com
2nd Feb 2020 09:43
(Sharecast News) - Joanne Hart at the Daily Mail said on Saturday that shares in food manufacturing company Bakkavor looked set to increase in price "this year and beyond".
Read moreThursday broker round-up
30th Jan 2020 15:04
(Sharecast News) - IG Group Holdings: Liberum Capital downgrades to hold with a target price of 695p.
Read moreBakkavor revenue rises, FY seen in line with expectations
16th Jan 2020 08:00
(Sharecast News) - FTSE 250 food manufacturer Bakkavor said on Thursday that full-year results will be in line with expectations, as it posted a rise in sales.
Read moreTuesday broker round-up
7th Jan 2020 12:31
(Sharecast News) - SSE: Goldman Sachs downgrades to neutral with a target price of 1,461p.
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