Provider of ‘fresh prepared’ meals, salads, desserts and pizza & bread to customers including leading retailers, Bakkavor Group (BAKK) has updated including emphasising its “attractive” sector and that “we are responding to the impact of COVID-19 from a position of strength”. However, already down from circa 140p in February, the shares are currently further below 100p on the update…
Hello, Share Cashers. There’s a perception that fresh food companies will have a hard time of it as a growing population forces up prices. It’s called food inflation. But the fear seems overdone, especially for big nosh producers that try to deal in what customers really want. As a long time vegetarian, I keep a close eye on food companies that avoid meat and fish. And as vegans are a fast-growing army, I imagine that meatless firms will probably go from strength to strength. Which brings me to today’s choice...
