16 May 2017

We announce our Preliminary results for 2016/17

We’ve announced our Preliminary results for the 52 weeks ended 1 April 2017

- Full year Group underlying sales (1.4%) lower; Q4 Group underlying sales down (1.0%)
- Market share growth in six of eight largest brands
- International sales increased +18%
- Underlying Trading profit £117.0m compared to £129.1m in FY15/16
- Adjusted profit before tax £74.2m; Statutory profit before tax £12.0m
- Net debt reduced to £523.2m from £534.2m*
- Pensions combined surplus £104.8m; Net present value of deficit contribution schedule £300-£320

<<To read and download the full release please click this link>>

*Net debt is defined as total borrowings, less cash and cash equivalents and less capitalised debt issuance costs.

08 May 2017

Premier Foods agrees strategic global partnership for Cadbury cake

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17 May 2017

One hundred years of Britain’s best-loved desserts

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When were Mr. Kipling cakes invented? Where does the name Bisto come from?

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