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Bakkavor Group PLC - London-based fresh prepared food firm - Says "encouraging sales recovery" from the end of first half continued. Revenue for year ended December 26 expected to be 4.9% lower. UK 'food to go' particularly hurt by Covid-19 restrictions in final quarter. UK like-for-like sales fell 5.3% in financial 2020, though US saw 13% growth. Revenue declined 22% in China, amid unrest in Hong Kong and impact from pandemic.
Current stock price: 91.30 pence, up 12% on Thursday
Year-to-date change: up 13%
By Eric Cunha; ericcunha@alliancenews.com
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