Bakkavor Group plc (BAKK.L)
Bakkavor Group plc operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in London, GB. The stock last traded at $252.00, up 3.92% on the session, giving a market capitalisation of $1.50B. Its beta of 0.31 implies it has historically moved less than the broad market.
Established in London, United Kingdom, in 1986, Bakkavor Group plc functions as a prominent supplier of fresh prepared foods, with operations spanning the United Kingdom, the United States, and China. The company's broad selection includes ready meals, pizzas, breads, desserts, salads, soups, sauces, dips, and numerous convenience food items such as fresh-cut salads, sandwiches, wraps, and various other baked goods. Beyond its primary focus on food production and sales, Bakkavor also handles fresh produce distribution, manages properties, manufactures and sells custom and private-label savory and baked products, and provides services for customer invoicing and receivables financing. Its offerings are predominantly sold through major supermarket chains. The company adopted its current name, Bakkavor Group plc, in October 2017, having previously been known as Diamond Newco plc.
Bakkavor Group plc is most often compared with the following Consumer Defensive names: