Bakkavor Group (LON:BAKK) Announces Earnings Results

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

Bakkavor Group Stock Down 1.7 %

LON BAKK opened at GBX 151.89 ($1.93) on Tuesday. The stock has a market cap of £887.75 million, a PE ratio of 13.83, a P/E/G ratio of 0.61 and a beta of 0.63. Bakkavor Group has a fifty-two week low of GBX 95 ($1.21) and a fifty-two week high of GBX 165 ($2.10). The business has a 50 day moving average price of GBX 141.82 and a two-hundred day moving average price of GBX 146.84. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 53.92.

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.