Bakkavor Group plc (BKKVF)
Bakkavor Group plc operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in London, GB. The stock last traded at $1.73, up 6.79% on the session, giving a market capitalisation of $1.03B. On trailing twelve-month figures it carries a trailing P/E of 13.35, a net margin of 2.4%. Its beta of 0.31 implies it has historically moved less than the broad market.
Bakkavor Group plc, along with its various subsidiaries, is a prominent producer and marketer of fresh prepared foods. Its operations span key international markets, specifically the United Kingdom, the United States, and China. The company boasts a diverse portfolio of offerings, including ready meals, pizzas and baked goods, desserts, salads, and a variety of soups, sauces, and dips. It also supplies convenience items like fresh cut salads, sandwiches, and wraps, alongside other bakery products. Beyond food production, Bakkavor's activities extend to the marketing and distribution of fresh produce. It also manages properties, engages in the manufacturing and sale of custom and private label savory and bakery goods, and handles customer invoicing and the financing of receivables. Its primary distribution channel is through high-street supermarkets. Originally incorporated as Diamond Newco plc, the company adopted its current name, Bakkavor Group plc, in October 2017. Established in 1986, Bakkavor maintains its headquarters in London, United Kingdom.
Bakkavor Group plc is most often compared with the following Consumer Defensive names: