Premier Foods plc - food industry company news 
Frozen fruit and vegetables globally, UK savoury snacks - just-food's research round-up
22 May 2012
This week's research round-up includes a clutch of reports looking at frozen fruit and vegetables globally and UK savoury snacks.
On the money: Zetar develops year-round revenue
15 May 2012
UK confectioner Zetar plans to grow its "everyday" sales, reducing the firm's dependency on seasonal revenues.
UK: 2 Sisters to cut jobs at RF Brookes arm
15 May 2012
UK food manufacturer 2 Sisters Food Group is to cut jobs at its RF Brookes facility in Leicestershire.
UK: Premier tight-lipped over spreads interest
9 May 2012
Premier Foods plc has declined to comment on reports that a number of private-equity firms are trying to buy its spreads business for up to GBP180m (US$289m).
Editor's choice: the highlights on just-food this week
30 April 2012
Allegations of bribery at Wal-Mart Stores' Mexican arm grabbed the headlines at the start of the week, rocking the world's largest retailer. Nestle, the world's largest food manufacturer, made waves of its own with its US$11.9bn deal to buy Pfizer's baby food business. The week also saw a raft of first-quarter results and the announcement of the latest results from Unilever's Sustainable Living Plan, a programme to reduce its impact on the environment. We met Unilever CEO Paul Polman to discuss the company's progress.
Quote, unquote: just-food's week in words
30 April 2012
Unilever CEO Paul Polman is one of the most prominent advocates of companies pursuing an agenda of sustainability and this week he outlined the company's progress. Meanwhile, Wal-Mart Stores was forced to react to claims of bribery in its Mexican operations and Nestle's acquisition of Pfizer's baby food business was scrutinised by analysts. The investment community also had a raft of first-quarter results to get their teeth into, with Kellogg, PepsiCo, Premier Foods plc and Hershey among the companies reporting.
On the money: Premier Foods eyes margin improvements in 2012
25 April 2012
UK food giant Premier Foods said it hopes to see margin improvements as it heads through the remainder of the year after booking an increase in first-quarter sales this morning (25 April)
What the analysts say: Mixed reaction to Premier update
25 April 2012
Premier Foods plc revealed a robust set of sales figures this morning (25 April), as a 3.7% increase in 'power brand' sales drove group sales up 1.3%. The group has seen its stock rebound of late as management has worked to convince the market that it is getting to grips with Premier's debt burden and working to reverse declining sales while also bolstering margins. However, the spectre of Premier's high debt level still looms large, especially given the current tough operating environment, and it seems that City analysts view this threat in varying degrees of severity.
UK: Power brands boost Premier Foods Q1 sales
25 April 2012
Premier Foods plc has booked an increase in first-quarter sales, boosted by the performance of its 'power brands'.
Quote, unquote: just-food's week in words
10 April 2012
A potential merger combining Symington's and Premier Foods plc's brands was a hot topic for analyst speculation this week. Elsewhere, Australian wholesaler Metcash CEO Andrew Reitzer remained optimistic despite announcing 470 job cuts.
Editor's choice: the highlights on just-food this week
10 April 2012
M&A in the UK food sector was again a hot topic this week as news emerged that private equity investors could be preparing to merge Premier Foods' unwanted brands with fellow UK food group Symington's.
UK: PE "mulls merger" of Premier brands, Symington's
3 April 2012
Competing private-equity investors are reportedly vying to acquire the non-core brands of Premier Foods plc and UK food manufacturer Symington's, with an eye to merging the groups into one entity.
Quote, unquote: just-food's week in words
26 March 2012
Premier Foods provided much for the City to talk about this week with the announcement of a drop in full-year profits.
Editor's choice: the highlights on just-food this week
26 March 2012
The Consumer Analyst Group of Europe investment conference in London dominated just-food's working week and we exclusively provided the news and views from the event.
CAGE: Private equity at centre of renewed M&A activity - Spayne Lindsay
22 March 2012
Private-equity firms will play a central role in an upturn in mergers and acquisition activity in the global food sector, M&A advisory firm Spayne Lindsay has predicted.
UK: Boparan mulling sale of Avana Christmas puddings
21 March 2012
UK food group Boparan Holdings is considering selling its Avana Bakeries' Christmas pudding business to assuage competition concerns over its GBP30m acquisition of Brookes Avana from Premier Foods plc.
Comment: Premier Foods faces rocky road to recovery
19 March 2012
The new management team at Premier Foods can certainly talk the talk. During the firm's full-year conference call with analysts this morning (19 March) we heard much that was designed to inspire confidence in the company's turnaround plans. However, as always, the devil is in the detail and some of the details of the company's current situation leave some cause for concern, Katy Askew suggests.
On the money: Premier focuses on building brands, relationships
19 March 2012
Premier Foods plc has said that it will focus on rejuvenating its power brands and rebuilding its relationships with retailers as it looks improve profitability.
UK: Premier Foods FY profits slide, cautious on 2012
19 March 2012
Premier Foods plc has booked a 29% drop in full-year profits and said it expects the consumer environment to remain challenging in 2012, impacted by continued high levels of promotional activity and cost inflation.
Quote, unquote: just-food's week in words
19 March 2012
The surprise departure of Richard Brasher, the CEO of Tesco's UK operations, grabbed the headlines this week. Elsewhere, analysts voiced their opinions on Premier Foods success in securing a refinancing deal and on Dairy Crest's decision to potentially sell its French business and invest in the UK.
Editor's choice: the highlights on just-food this week
19 March 2012
It was a bumper week of insight from just-food, with analysis of Richard Brasher's decision to quit as CEO of Tesco's UK operations, an examination of rising egg prices and a look at the future for UK food manufacturer Premier Foods. We also emphasised our international reach, with an exclusive interview with the chief executive of Spanish retailer Grupo Eroski. Click on the headlines for more.
In the spotlight - Uncertainty surrounds Premier Foods despite debt deal
15 March 2012
News this week that Premier Foods plc has secured a debt refinancing deal that could secure its future has followed a year of turbulence and uncertainty over the direction of the UK food giant. However, as Michelle Russell writes, the City remains unsure about the company's future.
Deal or no deal: Dairy Crest eyes UK acquisitions
13 March 2012
Last week, Dairy Crest announced that it is considering the sale of its French spreads brand, St Hubert. In a move that raised some eyebrows in the investment community, the group indicated that it could use some of the proceeds to fund future acquisitions. Katy Humphries takes a look at which potential deals might pique Dairy Crest's interest.
UK: Premier Foods secures debt refinancing deal
12 March 2012
Premier Foods plc has secured a deal to refinance its debts that could secure the future of the Hovis maker, it announced today (12 March).
UK: Premier Foods launches Ambrosia rice snack pots
5 March 2012
Premier Foods plc has extended its Ambrosia dessert range to include a line of rice snack pots.
UK: Premier launches Sharwood's meal kits
28 February 2012
UK food manufacturer Premier Foods plc has taken its Sharwood's ethnic cuisine brand into meal kits.
UK: Premier Foods to shutter Hovis bakery
16 February 2012
Premier Foods plc is to close one of its Hovis bakeries in a further bid to cut costs, resulting in 82 job cuts.
UK: Asda partners with 2degrees to push supply chain sustainability
9 February 2012
Asda, the UK arm of Wal-Mart Stores, has entered into an agreement to work with sustainability platform 2degrees in a bid to improve sustainability down its supply chain.
2012 - Supermarket battles to drive supplier M&A
6 February 2012
Some of the world's largest retailers struggled in 2011, which promises to mean even more intense competition in 2012. What could this mean for suppliers? Ultimately, it could mean the industry witnesses more consolidation this year.
UK: Revamp leads Premier marketing chief Goldstone to quit
3 February 2012
Premier Foods plc marketing director Jon Goldstone will leave the UK food company after it decided to absorb the department into its commercial structure.
Related research
Premier Foods plc
Datamonitor's Premier Foods plc - SWOT Analysis company profile is the essential source for top-level company data and information. Premier Foods plc - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Premier Foods plc (Premier Foods or ‘the company’) is engaged in the manufacture of retail branded and own-label food products and is one of the leading suppliers of foods and beverages to the UK retail grocery and foodservice markets. The company primarily operates in the UK. It is headquartered in St. Albans, the UK and employs 16,000 people. The company recorded revenues of £2,438 million ($3,767.4 million) during the financial year ended December 2010 (FY2010), a decrease of 3.6% compared to FY2009. The operating profit of the company was £93.1 million ($143.9 million) in FY2010, a decrease of 45.8% compared to FY2009. The net loss was £99.3 million ($153.4 million) in FY2010, as compared to net profit of £25.2 million ($38.9 million) in FY2009.
Premier Foods plc - SWOT Analysis
Datamonitor's Premier Foods plc - SWOT Analysis company profile is the essential source for top-level company data and information. Premier Foods plc - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Premier Foods plc (Premier Foods or “the company”) is engaged in the manufacture of retail branded and own-label food products and is one of the leading suppliers of foods and beverages to the UK retail grocery and foodservice markets. The company primarily operates in the UK. It is headquartered in St. Albans, the UK and employs 16,099 people. The company recorded revenues of £2,661 million (approximately $4,166.9 million) during the financial year ended December 2009 (FY2009), an increase of 2.2% over 2008. The revenues increased primarily due to the growth in sales of branded products of the company. The operating profit of the company was £176.5 million (approximately $276.4 million) during FY2009, compared to an operating loss of £41.4 million (approximately $64.8 million) in FY2008. The net profit was £25.2 million (approximately $39.5 million) in FY2009, compared to a net loss of £444.7 million (approximately $696.4 million) in 2008.
Premier Foods plc - Strategy, SWOT, and Corporate Finance Report
Datamonitors' Premier Foods plc’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360° view of the company.
