Download - Bakkavor
Download - Bakkavor
Download - Bakkavor
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Financial Highlights<br />
Bakkavör’s profits before taxes amounted to £ 3.6 million, an<br />
increase of 117% in profits between years.<br />
The ratio of EBITDA to operating income was 15.3%.<br />
The operating income of the Company increased by 82% between years.<br />
Equity rose from £ 8.4 million to £ 62.9 million, including a<br />
convertible subordinated bond in the amount of £ 15.9 million.<br />
29<br />
The Bakkavör’s plans for 2002 assume a turnover of £ 130 million<br />
and earnings before financial items and depreciation (EBITDA) of<br />
£ 26 million. Earnings after taxes are projected at £ 11 million.<br />
Turnover EBITDA EBITDA% Net Profit<br />
Million GBP<br />
Million GBP<br />
Million GBP<br />
Million GBP<br />
140<br />
30<br />
25<br />
15<br />
120<br />
25<br />
20<br />
100<br />
20<br />
10<br />
80<br />
15<br />
15<br />
60<br />
10<br />
10<br />
5<br />
40<br />
20<br />
5<br />
5<br />
0<br />
1999 2000 2001<br />
0<br />
0<br />
0<br />
2002(F) 1999 2000 2001 2002(F) 1999 2000 2001 2002 (F) 1999 2000 2001 2002 (F)