Premier Foods hails 'outstanding' year, reinstates dividend after 13 years
19th May 2021 08:03
(Sharecast News) - Mr Kipling owner Premier Foods said on Wednesday that it was reinstating its dividend after 13 years as it hailed an "outstanding" year, underpinned by more at-home food consumption during the pandemic.
Read morePremier Foods repays another £30m of senior secured floating rate notes
18th Feb 2021 08:12
(Sharecast News) - Food manufacturer Premier Foods has repaid a further £30.0m of its senior secured floating rate notes thanks to a period of continued "strong trading performance" and cash generation.
Read moreSunday share tips: Braemar Shipping Services, Premier Foods
10th Jan 2021 20:49
(Sharecast News) - Longer-term investors should hold onto shares of Braemar Shipping Services, the Financial Mail on Sunday's Midas column said.
Read morePremier Foods proposes £1.4bn capital reduction
14th Dec 2020 11:22
(Sharecast News) - Premier Foods has proposed a £1.4bn capital reduction to give it more flexibility to pay dividends and manage its capital.
Read morePremier Foods lifts FY profit outlook
10th Nov 2020 08:00
(Sharecast News) - Mr Kipling and Oxo maker Premier Foods bumped up its full-year profit outlook on Tuesday amid expectations that the second lockdown will underpin demand, as it reported a rise in first-half profit.
Read morePremier Foods sells Hovis to PE firm Endless
6th Nov 2020 07:44
(Sharecast News) - Premier Foods has sold its 49% stake in bread maker Hovis to UK private equity firm Endless, with proceeds of £37m to be used to strengthen the balance sheet.
Read morePremier Foods confirms talks to sell Hovis
4th Nov 2020 14:07
(Sharecast News) - Premier Foods confirmed on Wednesday that it is in talks over the sale of its 49% stake in bread maker Hovis.
Read morePremier Foods Q2 sales rise 22.5%
29th Jul 2020 09:12
(Sharecast News) - Mr Kipling, Bisto and Oxo owner Premier Foods reported a jump in first-quarter sales on Wednesday as more consumers ate at home during the coronavirus lockdown, but said this was expected to return to more normal levels as people start eating out again.
Read morePremier Foods sees annual results ahead of estimates after 'strong' Q1
24th Jun 2020 07:57
(Sharecast News) - Mr Kipling and Bisto owner Premier Foods said on Wednesday that annual revenue and trading profit are set to be ahead of expectations following a strong first quarter, amid a rise in home cooking amid lockdown.
Read morePremier Foods rallies on report of planned Hovis sale
10th Jun 2020 08:26
(Sharecast News) - Premier Foods rallied on Wednesday following a report the company is set to put its Hovis bread brand up for sale later in the year for as much as £150m.
Read morePremier Foods planning note redemption to save on interest
26th May 2020 15:23
(Sharecast News) - Premier Foods has notified HSBC of its intention to redeem £80m of the £210m outstanding from its senior secured 5.0% plus LIBOR floating rate notes due July 2022, it announced on Tuesday.
Read morePremier Foods strikes pension deal as sales surge
20th Apr 2020 08:45
(Sharecast News) - Premier Foods shares jumped after the maker of Mr Kipling cakes struck a deal with its pension trustees and posted a surge in demand for its products during the Covid-19 crisis.
Read moreMr Kipling boosts sales at Premier Foods
17th Jan 2020 08:46
(Sharecast News) - A strong performance from the Mr Kipling brand helped to boost sales at Premier Foods over the Christmas period.
Read moreMr Kipling sales boost Premier Foods profits
12th Nov 2019 08:22
(Sharecast News) - Premier Foods posted a rise in first-half pre-tax profit on Tuesday as it reaped the benefits of its relaunch of Mr Kipling and strong sales from its Nissin ranges.
Read morePremier Foods promotes UK MD to top job, appoints former Reckitt FD as chairman
30th Aug 2019 07:31
(Sharecast News) - Mr Kipling and Bisto maker Premier Foods said on Friday that it was promoting its UK managing director to the role of chief executive and appointing the former finance boss of Reckitt Benckiser as its new chairman.
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