Bakkavor Group Plc - Company Profile
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Business Description
Bakkavor Group Plc (Bakkavor) is a provider of fresh prepared foods. The company’s product portfolio comprises ready meals, desserts, salads, sandwiches, wraps, fresh cut salads, dips, soups and sauces, burritos, pizzas, and bread.
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R&D Overview
The company’s R&D arm focuses on the development of innovative products. It has a team of chefs and product development experts who focus on creating and testing recipes and work collaboratively with the company’s commercial and marketing teams to ensure products taste great. In FY2022, the company incurred expenditure of GBP9 million on R&D, which as a percentage of revenue, stood at 0.4%.
Geographical Segments
Overview
Prepares and markets freshly prepared foods and fresh produce in China. Major products include salads, bakery, fresh-cut salads, meals, soups and sauces and sandwiches.
Performance
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Overview
Prepares and markets freshly prepared foods and fresh produce for distribution in the UK. Major products include salads, meals, desserts, pizza, and bread.
Performance
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Overview
Prepares and markets freshly prepared foods and fresh produce in the US. Major products include dips, fresh meals, artisan bread, soups, sauces, and burritos.
Performance
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