Premier Foods plc

Food industry company news

Subscribe via RSSWhat is RSS?

Premier Foods plc is a UK-based food manufacturing company. Founded by Harry Solomon in 1976, Premier Foods plc is a public company, listed on the London Stock Exchange as PFD. The head office for Premier Foods plc is located in St Albans, England.

Latest Insights

Comment: Premier has more to ponder than Brexit

This week's profit warning from Premier Foods plc dismayed the market with analysts expressing concern about the UK group's ability to pass...

What Premier CEO Gavin Darby thinks about Brexit

"I've been to several meetings on this particular subject, most of which have ended up in a feeling of great depression, where I think suici...


Dean Best | 20 Apr 2016

Just a week after dropping its interest in Premier Foods, McCormick & Co. announced the acquisition of Australian chilled herbs firm Botanical Food Co. When the US herbs and spices giant's interest in Premier emerged, McCormick said it had a "pipeline" of targets and industry watchers expect the company to continue to look to M&A for growth.


Dean Best | 14 Apr 2016

Three weeks after Premier Foods revealed McCormick & Co.'s interest in buying the UK group, its US suitor has, after seeing three proposed offers turned down, decided to walk away from the table. Premier insists it has a "strong future" as an independent company. Dean Best reflects on a tumultuous 21 days and considers what lies ahead for the Mr Kipling maker.


Dean Best | 14 Apr 2016

Here just-food presents rolling coverage and analysis of the takeover interest in Premier Foods from McCormick & Co. Premier rebuffed three proposals from the US spices and seasonings group, while Japan's Nissin Foods Holdings, which outlined a "co-operation agreement" with the UK group in areas such as innovation and distribution, built a stake in the Mr Kipling maker. McCormick has decided against pursuing its interest in the UK group.


Hannah Abdulla | 20 May 2015

Rationalisation of SKUs and innovation will continue to form a big part of Premier Foods plc's focus for 2015, CEO Gavin Darby has said.

Latest Interviews

Dean Best | 30 Oct 2014

With growth hard to come by at home, international markets are an opportunity for UK food group Premier Foods. The Mr Kipling maker exports to around 30 countries but in recent months has set up a specific business unit to develop a sustainable presence overseas. Dean Best spoke to Peter Ellis, the head of division, at the SIAL trade show in Paris to hear about the company's plans.


Katy Askew | 5 Aug 2014

Premier Foods has strengthened its financial position and is building profitability through a focus on cost reduction. However, the UK company is finding the going tougher as it looks to accelerate its sales growth. Chief executive Gavin Darby spoke to just-food about how Premier is adapting to the changing landscape in UK grocery retail.

Latest News

Dean Best | 18 Jan 2017

Premier Foods, the UK group behind brands including Mr Kipling cakes and Ambrosia custard, today (18 January) warned annual profits could be 10% lower than it expected, in part due to its struggles in passing on Brexit-linked cost increases.


Dean Best | 10 Jan 2017

Premier Foods, the UK group behind brands including Bisto and Mr Kipling, is in talks with retailers over the possibility of raising prices on its products to cover increased costs in the wake of Brexit.


Dean Best | 16 Nov 2016

Premier Foods has indicated it wants a longer-term deal for the Cadbury cake licence the UK group holds from brand owner Mondelez International on a 12-month, rolling basis.


Katy Askew | 15 Nov 2016

Premier Foods plc today (15 November) reported declines in first-half underlying revenues and in profits as the UK group saw a fall in like-for-like sales in the second quarter, higher marketing spend and tax expenses weigh on its half-year results.


Dean Best | 15 Nov 2016

Premier Foods plc today (15 November) outlined three ways in which the UK company and Japan's Nissin Foods Holdings will join forces in the coming months.


Katy Askew | 12 Oct 2016

Premier Foods plc has booked a 5.4% fall in revenue for the second quarter of its financial year, with the UK group saying the warm weather in September hitting categories such as gravy mixes and desserts.


Dean Best | 4 Oct 2016

Rhodes Food Group, the South African company, said today (4 October) it plans to buy local spices and condiments business Pakco.


Katy Askew | 30 Sep 2016

The chairman of the Premier Foods plc board, David Beever, has signalled his intention to stand down from his post. 


John Shepherd | 15 Aug 2016

Premier Foods plc has added a premium Sensational Stuffing line to its Paxo stuffing range.


Dean Best | 12 Aug 2016

Premier Foods has developed ready-to-use gravy sauces under the Bisto brand in the UK in a bid to target consumers wanting more convenient products.


Katy Askew | 21 Jul 2016

Premier Foods reported continued positive progression on its sales this morning (21 July), when it delivered its fourth consecutive quarter of revenue growth. 


Helen Arnold | 13 Jul 2016

UK food maker Premier Foods plc is working to grow sales of gluten-free snacks to capitalize on the rising number of consumers who are cutting gluten from their diets.


John Shepherd | 29 Jun 2016

US spice and condiments maker McCormick & Co has announced the appointment of Michael Smith as executive VP and CFO with effect from 1 September 2016.


Katy Askew and Dean Best | 24 Jun 2016

UK voters have spoken: Britain will leave the European Union. With the vote tally now reporting 51.9% of people back leaving commentators are turning to the future with uncertainty. What will Brexit mean for the food sector? 


John Shepherd | 22 Jun 2016

The head of a leading Indian imports firm has urged UK food exporters to help satisfy India's growing appetite for speciality foods, including gourmet, health and organic, in a country where consumers are increasingly "food-loving and food-curious".


Katy Askew | 25 May 2016

Premier Foods has taken full control of its powdered drinks and desserts joint venture, Knighton Foods. 


Dean Best | 17 May 2016

Premier Foods, the UK group behind Mr Kipling cakes and Sharwood's cooking sauces, has announced a series of measures to make its products healthier.


Katy Askew | 17 May 2016

Premier Foods revealed a stronger finish to 2015, with the growth in sales of branded and non-branded products accelerating in the fourth quarter.


Katy Askew | 13 Apr 2016

McCormick & Co. has dropped plans to make a takeover bid for Premier Foods plc, insisting the price the UK group's board wants is too high.


Dean Best | 6 Apr 2016

Premier Foods today (6 April) revealed it has had "constructive discussions" with McCormick & Co., the US herbs and spices maker that has expressed interest in buying the UK group.


Katy Askew | 30 Mar 2016

US spice maker McCormick & Co. has returned with a higher proposed offer for Premier Foods, on the condition the Mr Kipling maker opens its books. 


Dean Best | 30 Mar 2016

Premier Foods has turned down the latest proposed takeover offer from McCormick & Co. - but the UK group said it was prepared to meet and provide its US suitor with some due diligence.

Latest blogs

Katy Askew | 28 Mar 2017

Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden.


Dean Best | 30 Mar 2016

The conference calls companies hold with equity analysts can, on occasion, be relatively tame affairs, with businesses sometimes not pushed on issues and us in the media - allowed to listen only - sitting on the phone and wanting executives to be pressed on their initial answers. Yesterday (29 March), some stiff questions were put to McCormick & Co.'s management over its interest in Premier Foods.

just-food homepage



Forgot your password?