Archive of all Premier Foods articles – Page 5
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News
City snapshot: Premier Foods forecasts profits at top end of expectations after ‘encouraging’ start to year
Premier Foods’ first quarter sales were at the ’top end of expectations’ despite falling back 13.2% year-on-year
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News
Premier’s dividend payment represents further proof of turnaround credentials
Premier Foods took another step in its City turnaround this week by paying out its first investor dividend for 13 years
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News
City Snapshot: “Outstanding” year for Premier Foods as shoppers flock to its brands
Premier Foods has revealed an “outstanding” year of growth as the pandemic significantly elevated demand for its household brands. Plus, Marston’s falls to big first-half loss as lockdown smashes sales; Chapel Down appoints former Booker chairman to its board; and Russian retail Lenta acquires Moscow rival.
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Analysis & Features
What does the reopening mean for food and drink stocks?
With the FTSE250 at pre-Covid levels, and the FTSE350 actually trading higher, we look at how grocery, retail, leisure and food to go stocks have fared
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News
Oxo taps home cooking boom with move into rubs and marinades
The range would offer ‘a point of differentiation to the specialist products currently available in the sector that offer more niche flavours’, said Oxo
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News
Homepride moves into butters & spreads in bid to become ‘biggest baking brand’
Made under licence by Kerry Foods, the baking spreads duo has rolled into Morrisons stores today (15 March)
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Comment & Opinion
Industry must look inwards on food waste before criticising consumers
As the UK’s inaugural food waste week approaches, thousands of tonnes of edible produce is still ending up as animal feed or going to AD
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News
City News: Premier Foods share price resurgence levels out
The resurgence in Premier Foods share prices stalled somewhat this week, despite yet more stellar branded growth, as the City began to question how long its sales boom can continue.
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News
City snapshot: Premier Foods profits jump as branded sales continue to surge
Premier Foods has upgraded its full year profit expectations as consumer demand for its branded goods continues to boom. Plus, Hotel Chocolat posts double-digit Christmas growth despite COVID and all the rest of the latest news from the City.
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Profiles
Grocery bosses reflect on food and drink’s response to Covid-19
We asked industry bosses to reflect on the pandemic and the industry’s response. Here’s what they had to say
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News
Premier Foods wins over consumers during lockdown as sales boom
Premier Foods boss Alex Whitehouse is confident the group can hold on to the wave of new shoppers flocking to its household favourites
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News
City snapshot: Premier Foods upgrades profits outlook after ‘exceptional’ half
Premier Foods has raised its profit expectations for the year after “exceptionally” strong first-half results as consumers flocked back to its stable of household brands during the coronavirus pandemic. Plus, the latest Kantar and Nielsen supermarket data shows no sign of rampant panic buying after the new lockdown was announced. And the latest BRC-KPMG retail sales report. Finally, a host of food and drink stocks rallied yesterday after the hopeful vaccine announcement by Pfizer.
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News
City snapshot: Premier Foods redeems £40m of bonds amid ‘strong’ trading
Premier Foods has bought back £40m of corporate bond notes due to continued strong trading momentum in the first half of its financial year. Plus, Glanbia annonces new chairman and all the rest of the latest news from the City.
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News
Premier Foods to distribute Cape Herb & Spice range in the UK
The range launches into Ocado next week
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News
City snapshot: Premier Foods sales surge 22.5% in first quarter
Premier Foods has posted a 22.5% surge in first quarter sales driven by consumers flocking to its brands during the coronavirus lockdown period. Plus, food inflation holds steady at 1.5% and all the rest of the latest news from the City.
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News
Premier Foods shares surge to six-year high on strong branded growth
Premier Foods shares jumped to a six-year high this week, as the surge in sales during lockdown looks set to drive its performance this year beyond City expectations.
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News
Premier Foods sales and profits rise in year of ‘considerable progress’
Premier Foods’ annual sales and trading profits rose last year after strong trading during the coronavirus crisis built on ‘substantial progress’ during the period.
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News
City News: Premier Foods shares boosted by news of possible Hovis sale
The bread brand’s 51% owner Gores Group has reportedly hired banker Baird to find a buyer for Hovis
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News
Premier Foods adds pair of new Bird’s mousse mixes
It marks the first non-seasonal NPD launch for Bird’s since 2018
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News
Premier Foods shares rise on ‘elegant’ pensions restructure and coronavirus sales boost
The Mr Kipling producer revealed the results of its year-long strategic review on Monday…