Premier Foods

Darby: ‘Every quarter is different, but we feel confident about revenue growth in the future’


Premier comeback?

By Aidan Fortune

Premier Foods may have seen its best results in five years but all is not rosy ahead of its agm. In an interview conducted before the shareholder revolt, Premier Foods chief executive Gavin Darby discusses the turnaround, future plans and how flamingoes...

Premier Foods attempts to reassure the market following press reports

Premier Foods attempts to reassure market

By Rick Pendrous

Premier Foods has attempted to steady market jitters following press reports yesterday [June 29] suggesting it might be about to make a major change in direction following a ‘strategic review’ of its activities as its share price ‘languishes’.

Premier Foods agreed a new deal with Mondelēz International for the Cadbury brand

Premier Foods in new Cadbury deal with Mondelēz

By Matt Atherton

Premier Foods will forge a renewed five-year partnership with Mondelēz International to continue producing and marketing Cadbury branded cakes and ambient desserts until 2022, it revealed today (May 8).

Planned price rises by Premier Foods sparked a GMB union backlash

Premier Foods’s 5% price rise plan slated by union

By Matt Atherton

Brexit-related food price rises must not be used as an excuse to exploit workers and customers, the GMB union urged, after Premier Foods revealed it was in talks with retailers over a 5% price rise.

George Eustice visited Premier Foods's Ambrosia site

George Eustice visits renewed Ambrosia site

By Matt Atherton

Food and farming minister George Eustice visited Premier Foods’s Ambrosia Creamery in Devon on August 10, after the manufacturer invested more than £12M to refurbish the factory.

It's a deal: food and drink sector M&As rose by 11% in the first quarter

Brexit debate

Food firm mergers and acquisitions rise 11%

By Michael Stones

Food and drink sector mergers and acquisitions (M&A) climbed by 11% in the first quarter of this year, with 51 deals completed, according to business consultancy Grant Thornton.

Premier's new partnership with Nissin will boost sales, said the firm

Premier Foods formalises deal with Nissin

By Rick Pendrous

Premier Foods and Nissin Foods Holdings Company have entered into a relationship agreement on terms and conditions, following the announcement by US spices firm McCormick that it was withdrawing its takeover bid for Premier last month.

The bidding battle for Premier Foods is hotting up

Bidding battle hots up for Premier Foods

By Michael Stones

The takeover bidding battle for Premier Foods is hotting up, with US spice and herb firm McCormick raising its bid from an initial 52p a share to 65p, valuing the Mr Kipling manufacturer at about £1.5bn.

Premier Foods said it would welcome an improved offer from McCormick or other potential suitors

Premier Foods takeover bid latest, as row deepens

By Michael Stones

Premier Foods would welcome an improved offer from US suitor, spice firm McCormick, or offers from other firms, the manufacturer has re-confirmed, while complaining about press reports which, it claimed, overstated its debt and pension deficit.

Premier Foods's recovery strategy was showing signs of success: Investec

Premier Foods recovery strategy ‘starts working’

By Michael Stones

Premier Foods’s recovery strategy is “starting to bear fruit”, according to City analyst Investec, after the manufacturer posted its first quarterly branded sales rise in two years last week.

Top crust: Awards host Mark Durden-Smith (left) and Alcontrol Laboratories’ md Mike McCorkell (right) present Premier's Richard Martin and Phil Ellis with their Bakery Oscar

Food Manufacture Excellence Awards

Premier Foods's edible poster scoops bakery Oscar

By Michael Stones

An edible poster campaign has helped Premier Foods (Mr Kipling) win the coveted Bakery manufacturing company of the year in the industry’s Oscars – the Food Manufacture Excellence Awards (FMEAs) – at the Lancaster hotel, London in a glittering award ceremony...

Investment on a plate: Liz Truss (right) opened the new production line earlier this month

Premier Foods visit reveals growth potential

By Michael Stones

An investors' tour of Premier Foods’s sweet treats facility at Carlton, near Barnsley has revealed significant investment potential, reports City analyst Shore Capital.

Premier Foods is seeing investment in its core brands pay off

Premier Foods plans more innovation

By Rod Addy

Premier Foods is stepping up innovation plans, after seeing gains from initial steps in the past year, ceo Gavin Darby claimed as he reported on full-year results at an analyst meeting.

Rising volume sales spell good news for Premier's brands, said Shirley

Premier Foods wins analyst support as volumes rise

By Rod Addy

Premier Foods is set to gain from the growth in volume sales that supermarkets are experiencing and the fall in commodity costs, according to Shore Capital analyst Darren Shirley.

The week in headlines

Good week, bad week (wk 7)

By Laurence Gibbons

Tesco, Tulip and Premier Foods had good news to report this week, as our Good week, bad week spotlight picks out the food industry firms that were up and those that were down over the past seven days.

Steve Finn, factory manager, Quorn

Quorn invests for growth

By Nicholas Robinson

Quorn’s Billingham production site is receiving some much needed investment, its factory manager Steven Finn tells Nicholas Robinson

Premier Foods's sales continued to slide in the fourth quarter of last year

Premier Foods’s sales continue to slide

By Michael Stones

Premier Foods has reported another fall in sales for the fourth quarter of last year, while reaffirming its pledge to drive down costs .

Hodgson will bring a wealth of retail experience to Premier Foods

Premier Foods appoints pizza boss

By Laurence Gibbons

Premier Foods has appointed Pizza Express boss and former Asda and Morrisons director Richard Hodgson as a non-executive director with immediate effect.

Premier Foods year in pictures

Premier Foods year review – in pictures

By Laurence Gibbons

Premier Foods has experienced a turbulent year, which included: refinancing, a big joint venture and ending with widespread criticism of its treatment of suppliers. Here, we bring you the top stories of 2014 from the manufacturer of Hovis, Mr Kipling...

The accident happened at Premier's Mr Kipling cake factory

Premier Foods’s skull-crush worker wins payout

By Nicholas Robinson

A Premier Foods engineer has received a significant amount in compensation after he was left with life-changing injuries following a devastating accident at its Moreton cake factory.

Cash crisis: bullying tactics were driving small businesses to breaking point, warned the FSB

Supply chain bullying: Five things to beware

By Michael Stones

Food manufacturers and other firms should beware five unfair practices that larger businesses use to bully their suppliers, according to the Federation of Small Businesses (FSB).

Premier Foods has published a list of supplier testimonials to win back support after flak over its investment strategy

Premier Foods launches charm offensive

By Michael Stones

Premier Foods has launched a charm offensive to win back public support after widespread criticism of its controversial ‘Pay and stay’ plan last week, with a list of suppliers that support the practice.

Premier Foods' demands for supplier investment has provoked a storm of hostile tweets

Premier Foods supplier row sparks Twitter storm

By Michael Stones

Premier Foods’s demands that its suppliers invest in its business or face de-listing have unleashed a storm of protest on the social media networking site Twitter. Here we capture, in tweets, a flavour of the row.

Mizkan bought Premier Foods's sweet pickles and table sauces business, which included Branston, in 2012

Branston pickle jobs threatened in UK restructure

By Rod Addy

Up to 87 jobs could go as Mizkan restructures its European operations, 66 of which are under threat at its Bury St Edmunds Branston pickle factory, formerly owned by Premier Foods.

Premier Foods’s shares have delivered 'a truly awful' performance this year, said Shore Capital

Premier Foods delivers ‘awful’ stock performance

By Michael Stones

Premier Foods has delivered “a truly awful 2014 stock performance”, despite making solid restructuring progress, said City analyst Shore Capital, ahead of the firm’s third-quarter trading results, due for release later this week.


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