RBC hails 'impressive' growth at Premier Foods, ups target price
15th Nov 2024 09:05
(Sharecast News) - The rally in Premier Foods' share price has further to run, according to RBC Capital Markets, which reiterated an 'outperform' rating on the stock on Friday, as it hiked its target price following the manufacturer's interim results this week.
Read morePremier Foods sales rise as easing inflation allows customers a 'treat'
14th Nov 2024 07:48
(Sharecast News) - Premier Foods reported higher first-half revenues and profits as easing inflation allowed consumers to "treat themselves more" to its range of products.
Read moreQuarterly sales jump at Premier Foods
18th Jul 2024 07:35
(Sharecast News) - Premier Foods posted a jump in first-quarter sales on Thursday, boosted by strong demand overseas for Mr Kipling cakes.
Read moreDirector dealings: Premier Foods CFO makes share sale
13th Jun 2024 15:07
(Sharecast News) - Premier Foods revealed on Thursday that chief financial officer Duncan Leggett had disposed of 6,164 ordinary shares in the London-listed food manufacturer.
Read morePremier Foods full-year results beat expectations
16th May 2024 07:28
(Sharecast News) - Mr Kipling owner Premier Foods said on Thursday that its full-year performance was ahead of expectations and it returned to volume growth in the fourth quarter.
Read moreLondon 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.
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