Premier Foods plc

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Premier Foods gives grounds for (cautious) optimism - analysis

17 May 2018

What a difference twelve months makes as Premier Foods plc recorded its fastest pace of annual revenue growth in five years, a stark contrast to the disappointing results unveiled by chief executive Gavin Darby in 2017. And, at this juncture, the UK's fourth-largest food company is perhaps on a firmer footing to achieve its ongoing, yearly, sales growth target having seen a surge in demand in Australia and, at the same time, witnessed a revival in its Batchelors and Angel Delight brands. Simon Harvey investigates. 

UK food companies issue pledges on plastics

26 Apr 2018

Food manufacturers operating in the UK, including Nestle, Unilever and Premier Foods plc, today (26 April) set out a series of pledges on plastics, including ending the use of single-use plastics by 2025.

Earnings summary - ABF sees FY grocery margin improvement; Bakkavor expects 4.6% uptick in revenues; HKScan predicts EBIT loss

18 Jan 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Quorn vegan slices feature in product push; JBS' 1953 range of prime cuts; ABF's low-sugar Jordans granola

5 Jan 2018

The most notable NPD from the international food sector, presented in bitesize format, to give you a flavour of the innovation from your peers and competitors announced this week.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Premier Foods - cautious optimism or false promises?

20 Nov 2017

Shares in Premier Foods rose on Wednesday (15 November) after the UK group posted second-quarter numbers that cheered the market. However, while group sales picked up, profits through the half year were flat, as were revenues from the mainstay branded division. Analysts, disappointed with Premier’s previous false harvests, are not rushing for the jam pots just yet, Simon Harvey reports.

Premier Foods to sell Mr Kipling and Cadbury cakes in New Zealand

17 Oct 2017

UK group Premier Foods is to directly sell its Mr Kipling and Cadbury cakes into New Zealand for the first time.

Premier Foods and Mondelez International renew and expand cake production and marketing deal

31 Aug 2017

Premier Foods plc and Mondelez International have signed a deal to renew the UK group's long-standing licence to produce and market Cadbury-branded cake and ambient dessert products.

Premier Foods names Keith Hamill as chairman to replace David Beever

9 Aug 2017

Premier Foods plc, the UK grocery supplier, has named Keith Hamill as the non-executive chairman designate to replace David Beever, who is stepping down from the board after nine years and five years as chair.

Premier Foods sales slip on grocery weakness

20 Jul 2017

Premier Foods revealed this morning (20 July) its first-quarter revenue fell by 3.1% as declining sales of the UK group's grocery brands offset the growth of sweet treats and non-branded items.

Damning criticism from investor adds to pressure on Premier Foods

11 Jul 2017

A frustrated investor has piled pressure on Premier Foods plc with a letter to its chairman bemoaning the way the UK group is run.

Premier launches kids-focused Homepride sauces

5 Jul 2017

Premier Foods plc, the UK group, has launched a range of sauces aimed at children under the Homepride brand, which are said to be inspired by some of the country's most popular ethnic and Italian dishes.

Premier Foods cools 'strategic review' talk

30 Jun 2017

Premier Foods, the UK company behind brands from Mr Kipling cakes to Bisto gravy, has played down reports claiming the company has embarked on a "strategic review".

Premier Foods to up focus on costs, cash after "challenging" year

16 May 2017

Premier Foods today (16 May) indicated it would up its focus on controlling costs and generating cash after the UK group reported its annual results in a "challenging year" for the industry - and one in which its revenue and operating profit rose but its underlying sales and net earnings fell.

Premier Foods renews Cadbury licence with Mondelez

8 May 2017

Premier Foods, the UK group, has renewed its licence to produce and market Cadbury-branded cake and ambient dessert products, replacing a 12-month rolling deal with a five-year agreement.

Premier Foods takes Mr Kipling into free-from in UK

26 Apr 2017

Premier Foods is launching a line of wheat- and gluten-free cakes under its Mr Kipling brand in the UK, in a bid to eat into the growing free-from market.

Premier Foods has more to worry about than Brexit - editor's viewpoint

19 Jan 2017

This week's profit warning from Premier Foods plc dismayed the market with analysts expressing concern about the UK group's ability to pass on Brexit-linked cost increases, the performance of its brands and its promotional strategy.

Premier Foods issues profit warning

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.

Brexit - Premier Foods eyes price hikes

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.

What Premier Foods CEO Gavin Darby thinks about Brexit - analysis

17 Nov 2016

"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 suicide was really the only logical step," Premier Foods CEO Gavin Darby joked at an industry conference in London on how Brexit could affect the UK food industry. "I don't come from that school. There are opportunities in the situation we find ourselves in." Twice in the last fortnight Darby has gone public with his views on Brexit and, as the boss of one of the country's largest manufacturers, his comments will spark debate. Dean Best reports.

Premier Foods wants longer-term Cadbury licence deal

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.

Premier Foods H1 sales and earnings drop

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.

Premier Foods reveals first fruits of Nissin Foods Holdings tie-up

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.

Premier sales hit by warm September 

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.

Rhodes Food Group eyes acquisition of South African peer Pakco

4 Oct 2016

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

Premier Foods chairman David Beever to stand down 

30 Sep 2016

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

Premier launches premium Paxo stuffing brand

15 Aug 2016

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

Premier Foods adds to Bisto range in UK

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.

Premier Foods sales remain positive on higher brand investment

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. 

Premier eyes gluten-free snack sales in UK

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.






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