Bakkavor Group plc (GB:BAKK) has released an update.
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.
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