Premier Foods FY Profit Rises; Revenue Up 3.6%

17-May-2018 - United Kingdom

Premier Foods (PFD.L) reported pretax profit of 20.9 million pounds for the 52 weeks ended 31 March 2018 compared to 12.0 million pounds, previous year. Profit for the period attributable to owners of the parent increased to 7.2 million pounds or 0.9 pence per share from 5.5 million pounds or 0.7 pence per share, prior year. Fiscal year adjusted profit before tax increased to 78.6 million pounds from 74.2 million pounds, last year. Adjusted earnings per share was 7.6 pence compared to 7.2 pence. 

Group revenue for the 52 weeks ended 31 March 2018 was 819.2 million pounds, an increase of 3.6% on the previous year. Branded revenue grew by 1.6% to 670.1 million pounds while Non-branded revenue was up 13.9% to 149.1 million pounds. (dpa)

Other news from the department business & finance

More news from our other portals

Last viewed contents

Chickpeas – sustainable and climate-friendly foods of the future - Chickpeas are a drought-resistant legume plant with a high protein content

Chickpeas – sustainable and climate-friendly foods of the future - Chickpeas are a drought-resistant legume plant with a high protein content

Suntory Group Global Water Action on the Celebration of World Water Day

Suntory Group Global Water Action on the Celebration of World Water Day

Whiskey and cognac businesses deliver record results for Pernod Ricard

Whiskey and cognac businesses deliver record results for Pernod Ricard

Coca-Cola turns UEFA EURO 2024TM into a sales highlight - with Coca-Cola Zero Sugar and POWERADE

Coca-Cola turns UEFA EURO 2024TM into a sales highlight - with Coca-Cola Zero Sugar and POWERADE

Hügli maintains profitability in demanding market environment - Market changes and macroeconomics put brakes on growth

Ball Intends to Cease Production at its Beverage Packaging Facilities in Recklinghausen, Germany

Grinding coffee with a splash of water reduces static electricity and makes more consistent and intense espresso

Grinding coffee with a splash of water reduces static electricity and makes more consistent and intense espresso

Foodservice Delivery in Latin America: The Search for Growth

Foodservice Delivery in Latin America: The Search for Growth

Tradition dominates the festive food market but modern approaches are gaining popularity

Tradition dominates the festive food market but modern approaches are gaining popularity

Mondelēz International Acquires Hu, A Well-being Snacking Company - Prremium, well-being brand platform founded on simple ingredients, provides cross-category growth opportunities in snacking

Mondelēz International Acquires Hu, A Well-being Snacking Company - Prremium, well-being brand platform founded on simple ingredients, provides cross-category growth opportunities in snacking

Dishing up 3D printed food, one tasty printout at a time - New method for 'printing' fresh vegetables, leading to tastier, more nutritious food for patients with swallowing difficulties

Dishing up 3D printed food, one tasty printout at a time - New method for 'printing' fresh vegetables, leading to tastier, more nutritious food for patients with swallowing difficulties

Cutting-edge food, food-tech and agtech startups are invited to apply to pitch - Global Pitch Competition FoodBytes! by Rabobank