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Share Price: 120.00

Bid: 119.00

Ask: 120.00

Change: -3.00 (-2.44%)

Spread: 1.00 (0.84%)

Open: 123.50

High: 123.50

Low: 118.00

Prev. Close: 123.00

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IN BRIEF: Bakkavor Sales Recover Somewhat But UK Hit By More Curbs

Thu, 14th Jan 2021 12:03

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

More News

16 Mar 2021 07:43

Bakkavor maintains strong cash position as revenue, earnings fall

(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.

9 Mar 2021 16:09

UK earnings, trading statements calendar - next 7 days

25 Feb 2021 19:04

EXECUTIVE CHANGES: N Brown Gets New Chair Amid Board Reshuffle

1 Dec 2020 13:52

UK EXECUTIVE CHANGE SUMMARY: EQTEC Confirms Ex-AB InBev Exec As COO

29 Oct 2020 11:06

Glanbia To Return EUR50 Million Amid "Strong Cash Flows"

14 Oct 2020 10:43

Bakkavor's US Head To Take Up Chief Financial Officer Role

14 Oct 2020 10:17

Bakkavor CFO Peter Gates to retire

(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.

8 Sep 2020 11:16

Bakkavor Declares No Interim Payout Amid Double-Digit Profit Fall

1 Sep 2020 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

18 Aug 2020 16:00

UK EXECUTIVE CHANGE SUMMARY: Carclo Picks Aerospace Veteran As Chair

12 Jun 2020 09:10

Bakkavor Sees Signs Of Recovery Amid Resumption Of Operations

12 Jun 2020 07:44

Bakkavor April, May UK sales slump in coronavirus lockdown

(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.

12 Jun 2020 07:43

LONDON MARKET PRE-OPEN: UK GDP Plunges; Informa Aims To Resume Events

5 Jun 2020 16:06

Latest Share Chat

Bakkavor Share News (BAKK)

Share Price Information for Bakkavor (BAKK)

IN BRIEF: Bakkavor Sales Recover Somewhat But UK Hit By More Curbs

Bakkavor maintains strong cash position as revenue, earnings fall

UK earnings, trading statements calendar - next 7 days

EXECUTIVE CHANGES: N Brown Gets New Chair Amid Board Reshuffle

UK EXECUTIVE CHANGE SUMMARY: EQTEC Confirms Ex-AB InBev Exec As COO

Glanbia To Return EUR50 Million Amid "Strong Cash Flows"

Bakkavor's US Head To Take Up Chief Financial Officer Role

Bakkavor CFO Peter Gates to retire

Bakkavor Declares No Interim Payout Amid Double-Digit Profit Fall

UK Earnings, Trading Statements Calendar - Next 7 Days

UK EXECUTIVE CHANGE SUMMARY: Carclo Picks Aerospace Veteran As Chair

Bakkavor Sees Signs Of Recovery Amid Resumption Of Operations

Bakkavor April, May UK sales slump in coronavirus lockdown

LONDON MARKET PRE-OPEN: UK GDP Plunges; Informa Aims To Resume Events

UK Shareholder Meetings Calendar - Next 7 Days

Latest Share Chat

Bakkavor Share News (BAKK)

Share Price Information for Bakkavor (BAKK)

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IN BRIEF: Bakkavor Sales Recover Somewhat But UK Hit By More Curbs

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