Archive of all Premier Foods articles – Page 6
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NewsCity 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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NewsCity 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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NewsPremier Foods to distribute Cape Herb & Spice range in the UK
The range launches into Ocado next week
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NewsCity 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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NewsPremier 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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NewsPremier 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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NewsCity 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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NewsPremier 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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NewsPremier 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…
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NewsCity snapshot: Premier Foods completes strategic review with pensions restructure
Premier Foods reaches “transformational” agreement with its pensions schemes, completing the strategic review announced over a year ago
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NewsCity snapshot: Premier Foods posts growth of 2.6% in crucial third quarter
Premier Foods has posted third quarter growth of 2.6% in its third quarter encompassing the Christmas period. Plus, Cranswick ups full-year profit expectations and trading updates from Devro and French retail giant Casino.
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NewsPremier Foods surges on evidence of sustained branded growth
Premier Foods shares jumped to a four-month high this week as its efforts to achieve sustainable growth appear to finally be paying off.
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NewsPremier Foods to roll out first Plantastic plant-based snacks
The four-strong lineup will be available from 27 September, landing first in Tesco Express stores nationwide
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NewsPremier Foods tipped to seek asset sales
The new management team at Premier Foods will be tasked with overseeing a sell-off of its key brands according to City sources, as the listed food group’s strategy shifts to generating shareholder returns through disposals.
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NewsMr Kipling adds posh Signature Collection range for adults
It comes with Mr Kipling worth £157.8m in grocery, having last year increased sales by 3.3%
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NewsPremier Foods names new CEO and chairman
Premier Foods has named UK MD Alex Whitehouse as its new CEO and former Reckitt Benckiser finance chief Colin Day as chairman
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NewsCity snapshot: Premier Foods names new CEO and chairman
Premier Foods has named UK MD Alex Whitehouse as its new CEO and former Reckitt Benckiser finance chief Colin Day as chairman.
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NewsPremier Foods unveils Mr Kipling limited-edition Pug cakes
Each of the trio contains chocolate or almond as its primary flavour
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NewsCity snapshot: First quarter sales rise at Premier Foods on branded growth
Premier Foods increased group sales by 1.1% in its first quarter, driven by 2.9% growth in branded sales. Plus, first half sales and profits rise at Nichols, Hotel Chocolat sales jump 14% in the year to the end of June, AG Barr shares plunge and all the rest of the latest news from the City.
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NewsPremier adds ‘first of its kind’ Bisto Microwave Ready Gravy Pots
Each pack contains four 100g servings of ready-made gravy, and comprises a cardboard sleeve and plastic pots that are fully recyclable