Quarter 3 trading update for Premier Foods for the 13 weeks ended 27 December 2025
Highlights:
• Q3 Branded revenue up 5.2%, Total revenue up 4.1%
• Grocery Branded revenue up 5.8%, Sweet Treats Branded revenue up 3.1%
• Market share gains in both Grocery and Sweet Treats
• Revenue from New Categories increased 29%
• International revenue up 10%; strong quarter for Australia in all categories
• Acquired brands The Spice Tailor, FUEL10K and Merchant Gourmet all delivered double-digit revenue growth
• Now expected to deliver full year Trading profit at the upper end of market expectations
Alex Whitehouse, Chief Executive Officer, said:
“We had a really good Christmas with 5.2% branded revenue growth, accelerating our trend from the previous quarter. These results demonstrated strong delivery against all pillars of our strategy, with consumers continuing to choose our brands for their quality and value. Both our Grocery and Sweet Treats businesses made strong progress in the period, and we returned to double-digit revenue growth overseas with particularly good performances in Australia and the US.”
“Our product innovation programme is particularly strong this year and consumers are embracing our new ranges including OXO Bone Broth, Paxo Stuffing Wreath, Angel Delight Bubble Jelly and Mr Kipling Cake Bites tubs. Premium ranges such as Ambrosia Deluxe, The Spice Tailor and Mr Kipling Signature Mince Pies again outperformed the market, as consumers traded up over the festive period. Sales from New Categories delivered another strong quarter, up 29%, led by the growing success of FUEL10K yogurt and granola. We grew all of our acquired brands double digits, including our most recent acquisition Merchant Gourmet, as we further leverage both our commercial expertise to expand retailer distribution and marketing capabilities to drive product innovation and increase brand investment.”
“Our portfolio of brands offer consumers great options to cook and eat affordable, delicious meals at home, and together with our track record of performance through all economic cycles, firmly underpins confidence in our medium-term prospects. Following this strong period of trading and strategic progress, we now expect to deliver Trading profit at the upper end of expectations for this year.”
To read and download the RNS of our Quarter 3 trading update for the 13 weeks ended 27 December 2025, please click this link.