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Bakkavor Group Plc
Gross Profit
Bakkavor Group Plc
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Bakkavor Group Plc
LSE:BAKK
|
Gross Profit
ÂŁ614.4m
|
CAGR 3-Years
5%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
||
Nomad Foods Ltd
NYSE:NOMD
|
Gross Profit
€899.6m
|
CAGR 3-Years
5%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
||
Associated British Foods PLC
LSE:ABF
|
Gross Profit
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Premier Foods PLC
LSE:PFD
|
Gross Profit
ÂŁ432.3m
|
CAGR 3-Years
9%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
||
Cranswick PLC
LSE:CWK
|
Gross Profit
ÂŁ374.7m
|
CAGR 3-Years
12%
|
CAGR 5-Years
15%
|
CAGR 10-Years
12%
|
||
Tate & Lyle PLC
LSE:TATE
|
Gross Profit
ÂŁ694m
|
CAGR 3-Years
14%
|
CAGR 5-Years
-11%
|
CAGR 10-Years
N/A
|
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 Gross Profit?
Gross Profit
614.4m
GBP
Based on the financial report for Jun 29, 2024, Bakkavor Group Plc's Gross Profit amounts to 614.4m GBP.
What is Bakkavor Group Plc's Gross Profit growth rate?
Gross Profit CAGR 5Y
5%
Over the last year, the Gross Profit growth was 6%. The average annual Gross Profit growth rates for Bakkavor Group Plc have been 5% over the past three years , 5% over the past five years .