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Premier Foods H2 Earnings Call Highlights

Premier Foods Alex Whitehouse Premier MarketBeat Kroger

Premier Foods (LON:PFD) said full-year trading profit rose ahead of its upgraded expectations, helped by stronger branded sales in the second half, market share gains and continued growth from its acquired brands.

Speaking on the company’s results call for the 52 weeks ended March 28, Chief Executive Alex Whitehouse said U.K. branded revenue growth accelerated through the second half, including 5.1% growth in the fourth quarter. He said a strong Christmas performance carried into the final quarter, helped by an early, cold Easter that supported sales of products used in roast dinners.

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