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Bakkavor Group (LSE:BAKK) Retained Earnings : £697 Mil (As of Dec. 2023)


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What is Bakkavor Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bakkavor Group's retained earnings for the quarter that ended in Dec. 2023 was £697 Mil.

Bakkavor Group's quarterly retained earnings increased from Dec. 2022 (£686 Mil) to Jun. 2023 (£692 Mil) and increased from Jun. 2023 (£692 Mil) to Dec. 2023 (£697 Mil).

Bakkavor Group's annual retained earnings declined from Dec. 2021 (£731 Mil) to Dec. 2022 (£686 Mil) but then increased from Dec. 2022 (£686 Mil) to Dec. 2023 (£697 Mil).


Bakkavor Group Retained Earnings Historical Data

The historical data trend for Bakkavor Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bakkavor Group Retained Earnings Chart

Bakkavor Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 657.80 693.30 731.10 686.20 697.40

Bakkavor Group Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 731.10 734.10 686.20 691.60 697.40

Bakkavor Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Bakkavor Group  (LSE:BAKK) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Bakkavor Group (LSE:BAKK) Business Description

Traded in Other Exchanges
Address
8 Mortimer Street, Fitzroy Place, 5th Floor, London, GBR, W1T 3JJ
Bakkavor Group PLC manufactures and markets a wide variety of freshly prepared food, covering a range of categories including meals, desserts, pizza & bread and salads. Some of its other products include soups & sauces, bread & dips, food-to-go, salads, fresh-cut salads, sandwiches & wraps, and bakery products. Its customers include grocery retailers as well as international food brands. Its geographical segments are the United Kingdom, United States, and China, of which the most of its revenue comes from the United Kingdom.

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