London close: Stocks finish higher after Hunt's Spring Budget
6th Mar 2024 15:02
(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.
Read morePremier Foods to suspend pensions deficit payments early
6th Mar 2024 07:42
(Sharecast News) - Premier Foods said on Wednesday that it will benefit from £33m increased free cash flow in the financial year to 29 March 2025 after reaching an agreement with the trustee of its pension scheme to suspend pension deficit contribution payments from 1 April 2024.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read morePremier Foods hails strong festive trading as sales jump 14%
23rd Jan 2024 07:11
(Sharecast News) - Premier Foods, the food manufacturer behind brands like Mr Kipling, Bisto and Ambrosia, said it is on track to hit profit forecasts this year after a solid third quarter with double-digit sales growth across the group.
Read moreRBC Capital starts Premier Foods at 'outperform'
16th Jan 2024 11:31
(Sharecast News) - RBC Capital Markets initiated coverage of Premier Foods on Tuesday with an 'outperform' rating as it said the shares are materially undervalued even after recent strong performance.
Read moreLondon close: Stocks sink after three days of gains
16th Nov 2023 15:45
(Sharecast News) - London markets ended in negative territory on Thursday, reversing a three-day winning streak.
Read morePremier Foods lifts FY profit expectations after strong first half
16th Nov 2023 08:23
(Sharecast News) - Mr Kipling owner Premier Foods boosted its full-year profit expectations on Thursday following a "strong" first-half performance.
Read morePremier Foods buys breakfast brand FUEL10K in £34m deal
30th Oct 2023 08:01
(Sharecast News) - Mr Kipling owner Premier Foods said on Monday that it has bought breakfast brand FUEL10K in a £34m deal.
Read morePremier Foods sees FY trading profit at upper end of expectations
20th Jul 2023 07:13
(Sharecast News) - Mr Kipling and OXO owner Premier Foods said on Thursday that full-year trading profit was set to be at the top end of market expectations as it posted a jump in first-quarter sales.
Read moreDirector dealings: Premier Foods non-exec sells, buys back shares
23rd May 2023 15:07
(Sharecast News) - Premier Foods found itself on both sides of the ledger on Tuesday, after it disclosed a share sale and two purchases made by one of its non-executive directors.
Read moreJefferies ups price target on Premier Foods
23rd May 2023 13:00
(Sharecast News) - Jefferies has upped its price target on Premier Foods following a strong full-year performance.
Read moreBroker tips: Sainsbury's, Premier Foods
23rd May 2023 10:01
(Sharecast News) - Citi downgraded its stance on Sainsbury's on Tuesday to 'neutral' from 'buy' and cut the price target to 295p from 320p following a strong sector-relative performance, with the shares up 29% year-to-date.
Read morePremier Foods lifts dividend as full-year profits jump
18th May 2023 07:51
(Sharecast News) - Mr Kipling and Oxo owner Premier Foods lifted its dividend on Thursday and posted a jump in full-year profits despite a "challenging" environment, as hard-up consumers stocked up on instant noodles.
Read morePremier Foods lifts annual profit outlook
7th Mar 2023 08:06
(Sharecast News) - Mr Kipling owner Premier Foods upgraded its full-year profit expectations on Tuesday as it pointed to a continued strong performance.
Read morePremier Foods on track to deliver FY expectations after strong Q3
19th Jan 2023 07:15
(Sharecast News) - Mr Kipling and Oxo owner Premier Foods said on Thursday that it was "well on track" to deliver full-year expectations after a strong third quarter, as it announced plans to close a plant in the West Midlands.
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