PREMIER FOODS

For the fiscal year to 28 March 2024 Premier Foods reported revenue up 2.5% to £1.175bn and a trading result of over £200m (+6.7%). Brand revenue growth, market share gains in the UK and Australia and product innovation contributed to the increase. Net debt fell to £95m, the final dividend is being increased by 20%, and an interim dividend is planned from 2026/27. » Więcej na de.investing.com

Premier Foods reports a 4.1% increase in total revenue for the third quarter of 2026 and 5.2% growth in branded products; international business rose 10%. The company cites particularly strong results in branded groceries (+5.8%) and confectionery (+3.1%) and announces new products and increased marketing investment. Premier Foods has raised its forecast for the year's operating profit to the top end of the range and plans further international expansion. After the figures, the stock rose about 6.9% and is trading near its 52-week high. » Więcej na de.investing.com

Premier Foods reports half-year results: revenue growth was slightly below expectations, mainly due to weaker private-label products, while operating profit met forecasts. The company confirms its course to meet full-year targets and expects accelerated revenue growth in the branded business in H2 thanks to new products and higher marketing spend. The Sweet Treats division grew by 7% on a constant-currency basis (strength in Mr Kipling and Cadbury), Grocery declined by 1.3%; the adjusted pre-tax profit forecast was slightly raised. The forecast for capital expenditure was increased from £50m to £55m. » Więcej na de.investing.com