Bakkavor Group plc (BAKK.L) Research

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.

Market snapshot

Symbol
BAKK.L
Price
$252
Day change
+3.92%
Market cap
$1.5B
P/E ratio
42.91x
52-week range
128.5-255
Sector
Consumer Defensive
Industry
Packaged Foods

Peer companies

  • Anpario plc (ANP.L)
  • A.G. BARR p.l.c. (BAG.L)
  • B&M European Value Retail S.A. (BME.L)
  • Fevertree Drinks PLC (FEVR.L)
  • Greencore Group plc (GNC.L)
  • Greggs plc (GRG.L)
  • Hilton Food Group plc (HFG.L)
  • Ocado Group plc (OCDO.L)

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