Premier Foods plc

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UK: Power brands boost Premier Foods Q1 sales

25 Apr 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 Apr 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 Apr 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 Apr 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Feb 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 Feb 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 Feb 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 Feb 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 Feb 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.

UK: Premier Foods in GBP50m ad spend

30 Jan 2012

Major UK food manufacturer Premier Foods plc has doubled its marketing spend to more than GBP50m (US$78.3m) in a bid to drive growth.

UK: Premier Foods readies Sharwood's campaign

30 Jan 2012

Premier Foods plc is to launch a multi-million pound television advertising campaign in the UK for its Sharwood's sauces range.

UK: Jam maker Duerr's eyes Premier's Hartley's unit

27 Jan 2012

UK jam maker Duerr's has signalled its interest in buying Premier Foods plc's Hartley's business, which is rumoured to be among the latest of the food giant's assets up for sale.

Editor's choice: the highlights on just-food this week

27 Jan 2012

Carrefour again grabbed the headlines this week, with speculation intensifying that there could be change of leadership at the company. just-food understands an announcement is due in days. Elsewhere in retail, Asda outlined its expansion plans in the UK and we spoke to the CEO of Spar International about the symbol group's ambitions in India. Meanwhile, Premier Foods admitted more jobs could be lost at the company, we took a look at why US baker Hostess Brands filed for Chapter 11 and, in our latest Sustainability Watch, we discussed HJ Heinz's CSR strategy.

SCANDINAVIA: Findus to distribute Quorn in northern Europe

26 Jan 2012

Findus Group has signed an agreement which gives it exclusive rights to the sale of meat substitute Quorn in Sweden, Denmark, Finland and Norway.

UK: Boparan Holdings cautious on margins

26 Jan 2012

UK food manufacturer Boparan Holdings has warned stubbornly high commodity costs and increased competition over Christmas has weighed on its margins in recent weeks.

UK: More Premier jobs to go after Cadbury contract loss

25 Jan 2012

More jobs are to go at UK food maker Premier Foods plc after the country's largest food manufacturer lost one of its contracts to supply Cadbury.

UK/ITALY: Princes sets up Italian tomato venture

25 Jan 2012

UK food and drink group Princes, the owner of Napolina canned tomatoes, has set up a tomato processing venture in Italy.

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