Bakkavor Group (LON:BAKK) Announces Quarterly Earnings Results

Bakkavor Group (LON:BAKK) posted its quarterly earnings data on Tuesday. The company reported GBX 9.60 ($0.12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Bakkavor Group had a net margin of 2.86% and a return on equity of 10.43%.

Bakkavor Group Trading Up 0.3 %

Shares of BAKK traded up GBX 0.50 ($0.01) during midday trading on Thursday, hitting GBX 151 ($1.95). The stock had a trading volume of 406,129 shares, compared to its average volume of 273,070. The business has a 50-day simple moving average of GBX 142.14 and a two-hundred day simple moving average of GBX 146.86. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 53.92. Bakkavor Group has a fifty-two week low of GBX 96.20 ($1.24) and a fifty-two week high of GBX 165 ($2.13). The firm has a market cap of £882.53 million, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63.

About Bakkavor Group

We are the leading provider of fresh prepared food in the UK, and our presence in the US and China positions the Group well in these high-growth markets. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 18,000 colleagues operate from 43 sites across our three markets supplying a portfolio of over 3,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US, and international food brands in China.