Bakkavor Group (LON:BAKK) Full Year 2024 Results
Key Financial Results
- Revenue: UK£2.29b (up 4.0% from FY 2023).
- Net income: UK£55.7m (up 3.3% from FY 2023).
- Profit margin: 2.4% (in line with FY 2023).
- EPS: UK£0.096 (up from UK£0.094 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bakkavor Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Food industry in the United Kingdom.
Performance of the British Food industry.
The company's shares are down 2.0% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Bakkavor Group that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About LSE:BAKK
Bakkavor Group
Engages in the preparation and marketing of fresh prepared foods in the United Kingdom, the United States, and China.
Adequate balance sheet and fair value.
