Archive of all Premier Foods articles – Page 22
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Premier eyes private equity role in bid to reduce debt
Premier Foods is set to sell off a 40% stake in the company to private equity investors as the owner of Hovis and Branston Pickle seeks to reduce its £1.6bn debt burden.
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Duerr's eyes gap left by Robertson's
Duerr's is introducing a five-strong range of premium preserves to cash in on the demise of Premier Foods' Robertson's brand.The range, rsp £1.59 per jar, is available in apricot, blackcurrant, raspberry (in seedless and ordinary variants)...
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Premier suppliers’ trade insurance limit cut again
Trade credit insurers have reduced Premier Foods’ suppliers’ cover for the second time in a month.
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Analysts optimistic as Premier talks to investors over debt
Analysts have welcomed Premier Foods' confirmation of talks with potential investors as the company works to restructure its £1.8bn debt - but warned that talks were still at an early stage.The company is rumoured to be seeking £300m to...
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Premier combines Hovis and Nimble in one loaf
Premier Foods has brought its struggling Nimble brand under the Hovis banner to form Hovis Nimble as it attempts to claw back share from Warburtons and Kingsmill.Sales of the 53-year-old Nimble brand slumped 5.5% to £14m in the year to...
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Premier Foods takes axe to the 'once-great' Robertson's jam
Once-iconic jam brand Robertson’s is to be shelved for good, The Grocer can exclusively reveal, as Premier Foods looks to focus on Hartley’s.
Robertson’s, which is best known for its use of the controversial Golly logo until 2002, will… -
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Wilson leaves Kraft to oversee flagship Premier cake brands
Stuart Wilson has joined Premier Foods as director of ambient - sweet, overseeing several flagship brands, including Mr Kipling and Cadbury cakes.
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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...