All Premier Foods articles – Page 22
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NewsHovis bounce helps as Premier meets banks over debt
The relaunch of Hovis has helped Premier Foods to a 9% hike in sales for the four months to 25 October, as the manufacturing giant continues to wrestle with its £1.7bn debt burden.
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Mr Kipling could be sold as Premier tackles exceedingly large debt
Hovis maker Premier Foods may be forced to sell off leading brands including Mr Kipling as the manufacturing giant wrestles with its £1.7bn debt burden.
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Premier classic brands given festive variations
Britain's biggest food manufacturer Premier Foods has unveiled a raft of festive twists for its biggest brands in a bid to stop recession-hit consumers switching to cheaper own label equivalents.A new Winter Warmer selection consisting of...
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Premier hit by share price collapse
Shares in Premier Foods, the UK’s largest food supplier, tumbled 30% yesterday to 35p among fears about the company¹s high debt levels.
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Premier hopes to calm City nerves with Hovis relaunch
Premier Foods is pinning its hopes on Hovis as its new profit-generating champion brand. But won’t that big pile of debt get in the way? Alex Beckett reports
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Premier ‘will need a strong second half to ease City fear’
Price hikes on some of the most iconic grocery brands on the supermarket shelf helped Premier Foods post a 43.5% sales jump to £1.29bn – but its gigantic debt is worrying investors. Britain’s biggest food manufacturer, which owns Hovis, Mr Kipling...
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Premier posts 43% surge in sales
Premier Foods has announced a surge in sales for the last six months, with the UK’s largest food producer reaping the benefits from a run of major acquisitions. Premier, the company behind brands including Mr Kipling and Batchelors, saw H1 sales climb by 43.5% to £1.29bn, up from last ...
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Carter joins Premier as ambient groceries MD
Premier Foods, the UK's biggest food manufacturer, has named former United Biscuits director Will Carter as its new MD of ambient groceries after a restructure of its commercial management team.In the new role, Carter will adopt the...
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Mr Kipling NPD targets on-the-go treats sector
Premier Foods is dropping Mr Kipling from the cake brand's new ad slogan for the first time in more than 30 years as it launches the biggest piece of NPD for the brand in a decade.The marketing campaign, which kicks off in July, features...
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The Challenge
Premier Foods poses the biggest challenge for any manufacturer operating in the cake category. The company, which owns the Mr Kipling brand, the licence to produce Cadbury-branded cakes and, following its purchase of RHM, 15 of the UK's top 20...
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Premier: it's about more than our daily bread
The soaring price of wheat, the now unfashionably heavy debt levels, and the cut in the dividend. These fundamentals dominated the headlines when Premier Foods announced a £73.5m pre-tax loss earlier this month. But CEO Robert Schofield...
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Schofield's pricepledge
Premier Foods boss Robert Schofield has pledged an end to the problems that saw sales of Hovis, its iconic bread brand, plummet.When Premier acquired RHM last March, Schofield was shocked to discover it had forward wheat contracts for...
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Lower profile for pasta characters
Premier Foods is relaunching its Crosse & Blackwell kids character pasta range under a new label that flags up health claims and tones down the character licence aspect.The 4 Kids range has been designed to combat negative health...
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Premier's woes - a sign of what's to come?
The food manufacturing industry is being hit for six. Premier Foods had a torrid week - its share price plummeted 9% last Friday to 109p, prompting the City to question its financial strength as the price of raw material, including wheat, hit...
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campaign trail - Premier Foods is investing £3m in advertising its Batchelors Soupfulls range this year
Premier Foods is investing £3m in advertising its Batchelors Soupfulls range this year, kicking off with a TV campaign next week to promote its health credentials. The TV ad plays on the soup's chunky consistency and features two men fencing with a...
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premier's vat tussle
Premier Foods has been dealt a major blow after the High Court referred a VAT dispute involving its Hartley's Fruit Bars back to tribunal.The company, Britain's largest food manufacturer, faces a tax bill of nearly £200,000 if it loses...
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'Intelligent' label for Branston pickle
Branston Original pickle is the first brand to trial a new smart label that is hoped to put an end to out-of-date store cupboard staples and encourage more frequent repeat repurchase.Premier Foods, which sells 23 million jars of Branston...
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Premier Foods to meet expectations
Premier Foods has said it expects to meet market expectations for 2007 despite rising raw material and packaging costs. In a trading update released this morning, the food manufacturer, which owns brands including Branston, Hovis, Oxo and...