Bakkavor Group plc (GB:BAKK) has released an update.
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Bakkavor Group plc reports a robust Q1 with a 3.2% increase in like-for-like revenue, driven largely by the UK market, and announces an upgraded full-year profit outlook for 2024, with expected adjusted operating profits between £103m and £108m. The company has also achieved strong profit performance and operational efficiency, alongside strategic transactions including the sale of its Chinese bakery business and the acquisition of the houmous brand Moorish.
For further insights into GB:BAKK stock, check out TipRanks’ Stock Analysis page.
