Archive of all Premier Foods articles – Page 3
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Analysis & Features
How Unilever provided safe haven amid 2022’s stock market storm
Unilever seems a ‘safe haven’, but the turmoil of 2022 was tough for many of the listed players. So who fared best… and worst?
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News
City News: Premier Foods shares decline despite' highly creditable performance'
Premier Foods boosted sales in the first half as households turned once more to home cooking in a bid to cut costs as food prices soared to 45-year highs.
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News
City snapshot: Premier Foods grows profits and sales as shoppers stay home to cut costs
Squeezed shoppers have turned to Premier Foods’ stable of household brands as they cut down on eating out, boosting sales and profits at the supplier group. Plus, inflation hits 11.1% as food prices soar at fastest rate since 1977, Deliveroo exits Australia, McBride warns of continued cost pressures, and Eagle Eye acquires French personalised promotions firm
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News
FareShare strikes deal with Premier Foods amid rising food poverty concerns
The five-year deal will see Premier donate surplus food to the redistribution network
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News
Cooking sauce sales plummet as Brits avoid scratch cooking
Sales of ambient cooking sauces fell by 4.3% to £724.2m, while volumes plunged 10.1% in the 52 weeks ending 5 September 2022
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News
Paxo enters meat alternatives category with duo of Meat Free Mixes
The mixes offered ‘great value for money compared to chilled or frozen alternatives’, said Paxo
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News
Mr Kipling adds trio of posh brownies
The innovations would meet the ‘growing demand for evening indulgence’, said Mr Kipling
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News
Batchelors noodles and pasta SKUs hit by supply issues
A spokesman for the Batchelors brand said owner Premier Foods had “seen high levels of consumer demand over recent months”
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News
Premier Foods launches leftovers recipe hub to help tackle food waste
The ambient giant has created an online tool, which displays recipes based on food items commonly found at the back of people’s fridges
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News
Premier Foods adds McDougalls and Hovis wholegrain flours
The new launches would ‘allow bakers the opportunity to make a simple, healthier swap’, said Premier Foods
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Comment & Opinion
Investors have the power to make food companies put health first – and make money
Investors can drive positive impact across the sector in a short timescale, as happened at Unilever last year, says Holly Gabriel of ShareAction
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Comment & Opinion
Premier Foods’ Spice Tailor deal signals the end of its zombie phase
The Spice Tailor acquisition looks to be a savvy one in the context of continued high demand for home cooking
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News
City Snapshot: Premier Foods snaps up The Spice Tailor for £44m
Premier Foods has acquired Indian meal kits brand The Spice Tailor for £44m as the Sharwood’s and Loyd Grossman owner looks to capitalise on growing demand for scratch cooking. Plus, Aldi gives staff a second pay rise of the year; and Naked Wines loses CFO.
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Category Report
Can the home baking market rise again? Home baking category report 2022
The lockdown baking craze is over. Can brands revive flagging sales with new healthy, affordable and convenient propositions?
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News
Premier Foods hails growth as its brands appeal to cash-strapped shoppers
Premier Foods has reported a “strong start” to the year as its stable of noodles, sauces and stock cubes helped shoppers in search of cheaper meals.
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News
City Snapshot: Food prices rise faster than headline rate of inflation
Food and drink prices have soared higher than the headline rate of inflation in June as sharp rises in input costs fed through to supermarket shelves. Plus, Premier Foods reports a “strong start” to its financial year; and Finsbury Food Group issues a pre-close trading update.
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News
Oxo reformulates wet stock range and adds White Wine variant
NPD aimed to lure home cooks who were shoppers were ‘keen to experiment with new dishes’
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News
Oasis to give up Premier Foods board seat at July’s AGM
Oasis Management will no longer have a presence on the Premier Foods board following last week’s reduction in its shareholding position
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News
Nissin strengthens Premier Foods partnership as it buys chunk of shares from activist Oasis
The £40m acquisition is intended to strengthen the strategic relationship between Nissin and Premier and to “contribute to continued value creation” at the Batchelors supplier
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News
City News: Premier Foods shares surge on beefed-up dividend and boosted profits
The Bisto and Paxo owner’s trading profits for the year to 2 April of £148.3m beat expectations