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Premier Foods removes 40 tonnes of packaging from iconic Bisto drum

The UK’s No1 gravy will offer more servings in less packaging

10/09/2021

Premier Foods' new flexi-working policy serves best of both

New hybrid model will empower office-based colleagues to choose where works best 

25/08/2021

Premier Foods strengthens its sustainability team with new ESG hire

Nick Brown has been appointed Director of ESG in a newly created role


 

16/08/2021

We've released our Quarter 1 trading update for the thirteen weeks ...

The Headlines: 
 

  • Q1 Group sales up 6.3% versus two years ago - at top end of Group’s expectations, Branded sales up 9.3%
  • As expected, sales versus prior year lapping exceptional circumstances of first lockdown
  • Grocery excluding out of home channels up 13% compared to two years ago
  • Strong International performance, building on successful prior year, up 17% on two year basis
  • Sales from strategy of expanding into new categories already delivered over £6m in last 12 months
  • Full year adjusted profit before tax now expected to be at top end of Group expectations


23/07/2021

We've released our Preliminary results for the 53 weeks ending 3 Ap...

Headlines:

  • Branded revenue up +13.6% in full year and ahead +7.0% in Q4
  • Trading profit increased +11.9% to £148.3m after increased marketing investment and incremental Covid costs
  • Net debt/EBITDA, (pre-IFRS 16) reduced to 1.9x, the Group’s lowest ever leverage
  • Repaid £190m Floating rate notes in FY20/21 reducing interest costs by c.£10m p.a.; plus ratings agency upgrades
  • Combined pensions surplus of £539.9m
  • New RCF facility to 2024 and launching offer of new £300m 5 year Senior Secured Fixed Rate Notes
  • Proposed final dividend of 1.0 pence per share; reinstated for first time in thirteen years


19/05/2021

Premier Foods promotes Hannah Collyer to newly created Corporate Af...

Premier Foods has today announced the promotion of Hannah Collyer to Director of Corporate Affairs and ESG. This is a newly created role, sitting on Premier Foods’s Executive Leadership Team, and reporting to Chief Executive Officer, Alex Whitehouse.

05/05/2021

Sharwood's launches first TV advert in five years

Sharwood’s is heading back to UK TV screens for the first time in over five years. As part of a £1m campaign, the brand will showcase that through Sharwood’s Indian range, consumers can be transported on a taste adventure inspired by modern day India’s culture, traditions, flavours and colours. 

08/03/2021

What’s cooking: 91% of Brits intend to cook as much, or more, over ...

  • People are experimenting more in the kitchen: on average, one third of households have added a dish to their weekly ‘go-to’ evening meals over the last year
  • While the classics have continued to be popular, lighter options such as fish and potatoes, and meat-free dishes such as vegetarian curry, have seen fast growth
  • Health remains a key priority:  81% of people want to eat more healthily over the year ahead


26/02/2021

We've released our Quarter 3 Trading Statement for 13 weeks ended 2...

Headlines:

  • Q3 Group sales up +9.0% and up +12.5% year to date
  • Q3 Branded sales up +12.1% and +16.0% year to date
  • Continuing to outperform the market, gaining volume and value share
  • Online continues to grow strongly, up +90% in Q3
  • Five major brands received advertising investment over Christmas period; more to come in Q4
  • International sales grew +43%; continuing strong trajectory so far this year
  • Further £40m part redemption of Floating Rate Notes due July 2022, saving further £2m p.a. interest costs
  • Net debt/EBITDA now expected to be below 2.0x by year end


19/01/2021

Mr Kipling Launches New 30% Less Sugar Viennese Whirls

Mr Kipling has whipped up a whirlwind by introducing 30% Less Sugar Viennese Whirls which will provide a healthier choice for people looking for more permissible cakes.

13/01/2021