Bakkavor Group Plc
LSE:BAKK
Bakkavor Group Plc
Other Current Liabilities
Bakkavor Group Plc
Other Current Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Other Current Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Bakkavor Group Plc
LSE:BAKK
|
Other Current Liabilities
£53m
|
CAGR 3-Years
15%
|
CAGR 5-Years
6%
|
CAGR 10-Years
N/A
|
|
|
Nomad Foods Ltd
NYSE:NOMD
|
Other Current Liabilities
€268.2m
|
CAGR 3-Years
3%
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
|
|
Associated British Foods PLC
LSE:ABF
|
Other Current Liabilities
£308m
|
CAGR 3-Years
4%
|
CAGR 5-Years
2%
|
CAGR 10-Years
2%
|
|
|
Premier Foods PLC
LSE:PFD
|
Other Current Liabilities
£6.4m
|
CAGR 3-Years
30%
|
CAGR 5-Years
1%
|
CAGR 10-Years
N/A
|
|
|
Cranswick PLC
LSE:CWK
|
Other Current Liabilities
£4m
|
CAGR 3-Years
-7%
|
CAGR 5-Years
-14%
|
CAGR 10-Years
-4%
|
|
|
Tate & Lyle PLC
LSE:TATE
|
Other Current Liabilities
£79m
|
CAGR 3-Years
-47%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
-3%
|
|
Bakkavor Group Plc
Glance View
Bakkavor Group Plc, a key player in the world of fresh prepared foods, has carved a niche for itself in the dynamic landscape of the food industry. Founded in 1986 by Agust and Lydur Gudmundsson, it began as a small venture in Iceland producing fish products. Fast forward to today, Bakkavor has cemented its position as a significant British multinational company, predominantly operating in the UK, US, and China. The company specializes in creating innovative and high-quality fresh food such as ready meals, salads, soups, and desserts. With a workforce of over 19,000 spread across multiple operational sites, Bakkavor focuses on supplying major grocery retailers and foodservice operators, thus forming a robust backbone that fuels the modern demand for convenient, healthy meal options. The company’s business model hinges on understanding consumer trends and retail dynamics deeply. It strategically collaborates with leading grocery chains like Tesco, Marks & Spencer, and Sainsbury's, tailoring its offerings to align with the retailers' brand identities and customer profiles. The strategy leverages Bakkavor's expertise in product development and supply chain efficiency, enabling it to not only produce on a large scale but customize products to specific customer needs. By consistently delivering quality and innovation, Bakkavor maintains its competitive edge and ensures steady revenue streams through long-term supplier agreements. The company’s focus on adapting to consumer preferences, such as health-conscious and time-saving meal solutions, underscores its commitment to remaining at the forefront of the fresh prepared foods sector.
See Also
What is Bakkavor Group Plc's Other Current Liabilities?
Other Current Liabilities
53m
GBP
Based on the financial report for Dec 28, 2024, Bakkavor Group Plc's Other Current Liabilities amounts to 53m GBP.
What is Bakkavor Group Plc's Other Current Liabilities growth rate?
Other Current Liabilities CAGR 5Y
6%
Over the last year, the Other Current Liabilities growth was 23%. The average annual Other Current Liabilities growth rates for Bakkavor Group Plc have been 15% over the past three years , 6% over the past five years .
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