Premier Foods beats profit view and raises dividend
Premier Foods posted a 200.4 million pound profit. New launches helped the firm beat expectations and increase its annual dividend by 20 percent.
Xurve View
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Xurve View
PREMIER FOODS PLC reported annual trading profit of £200.4 million, beating analyst estimates and raising its dividend 20%. The result exceeded the company-compiled consensus of £197.5 million for the fiscal year ended March 28. New product launches are successfully capturing market share as inflation-weary consumers shift their spending habits toward value-oriented brands.
