Bakkavor 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 moreBerenberg 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.
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