|Bid||0.00 x 0|
|Ask||40.00 x 0|
|Day's range||22.10 - 24.85|
|52-week range||17.86 - 45.90|
|Beta (5Y monthly)||1.52|
|PE ratio (TTM)||N/A|
|Earnings date||12 Nov 2019|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||26 Nov 2008|
|1y target est||48.00|
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The company, which recently launched its plant-based Plantastic brand, was however not yet ready to launch the meat-free version of a beef-flavoured stock cube, Whitehouse said in a media call with journalists. Bakery operator Greggs launched a vegan version of its popular steak bake earlier this month, aiming to replicate the success with its meatless sausage roll that boosted its profits and helped fuel an 80% rise in its share price last year.
Shares in Premier Foods (LON:PFD) are currently trading close to a 52 week high, with the share price up by around 17.3% to 43.203p over the past week. On a on8230;
Premier Foods, which will be launching a fresh range of mince pies, cherry bakewells and fruit pies packaged as Mr Kipling mini cakes, said it doubled its UK marketing investment with more to come in the fourth quarter. "Mr. Kipling, has again been instrumental to this continuing momentum, with increased sales of 10% supported by TV advertising and new product ranges," said Chief Executive Alex Whitehouse, who has been credited with turning around Premier Food's UK business.
Renewed hopes of a U.S.-China trade resolution and a more than 3% rise in shares of telecom giant Vodafone helped London stocks bounce back on Tuesday after falls that tracked a downbeat global mood a day earlier. The FTSE 100 added 0.5%, while the mid-cap index , which rallied on Monday after Brexit Party chief Nigel Farage said he would not fight Conservative-held seats in next month's British election, rose 0.1%.
Premier Foods will launch a new range of mince pies, cherry bakewells and fruit pies packaged as Mr Kipling mini cakes ahead of Christmas, after a relaunch of the popular sweet treats brand helped it bounce back to profit. Whitehouse has been credited with turning around Premier Food's UK business, including a relaunch of the Mr Kipling cake brand, which has outperformed the rest of the group. Premier Foods sales have been boosted by a TV advertising push.
Premier Foods said Nissin Soba Noodles & Cup Noodles, which it sells in a partnership with Nissin Foods Holdings , enjoyed an exceptionally strong growth trajectory with its sales growing 111%. The company appointed UK business chief Alex Whitehouse as the company's new chief executive officer in August, after Gavin Darby left in January because of shareholder pressure following a drop in the share price after a takeover attempt by U.S. food maker McCormick & Co Inc fell through three years ago. Premier Foods on Tuesday announced more executive changes, with a new chief customer officer, chief marketing officer and operations director to deliver sharper focus in those areas.
Many investors define successful investing as beating the market average over the long term. But if you try your hand...
Bisto gravy and Oxo cube maker Premier Foods named its UK business chief Alex Whitehouse as its new CEO on Friday, handing him the task of reviving the company which has been under pressure since a failed takeover bid three years ago. The company also said it had hired Colin Day from Reckitt Benckiser, where he was CFO, to be its new chairman, and appointed a new finance chief, filling a leadership void at the group. Whitehouse was credited with turning around Premier Food's UK business, including a relaunch of the Mr Kipling cake brand, which has outperformed the rest of the group.
The company also said it had hired Colin Day from Reckitt Benckiser , where he was CFO, to be its new chairman, and appointed a new finance chief, filling a leadership void at the group. Whitehouse was credited with turning around Premier Food's UK business, including a relaunch of the Mr Kipling cake brand, which has outperformed the rest of the group. Premier Foods said in February it would review options to boost shareholder value after talks with its top investors.
The main index rose 0.7% with all sectors in the black, while the FTSE 250 index outperformed with a 1% rise owing to gains in the local currency. The outage, which was the longest in eight years and delayed trading for almost two hours, came during a volatile week for global financial markets, which were hit by worries about an impending recession and a prolonged U.S.-China trade spat. The FTSE 100's weekly run, which had dragged the index to six-month lows at one point, has placed it on course for its worst month in nearly four years.
The company said group sales rose 1.1% in the 13 weeks ended June 29, helped by a 10% rise in Mr Kipling sales, which was relaunched last year. Group sales in Britain rose 2.6%, while international sales fell 18% as sales in Ireland slowed due to the unwinding of Brexit related stock in Irish customers' supply chains. Premier Foods decided to review options earlier this year after former boss Gavin Darby left in January.
Anyone researching Premier Foods plc (LON:PFD) might want to consider the historical volatility of the share price...
Premier Foods plc (LON:PFD) is a small-cap stock with a market capitalization of UK£296m. While investors primarily...
The company said it began a search to find a successor to Hamill, 66, who would retire at the company's annual meeting after less than two years in the job. Premier Foods, which makes Oxo cubes and Mr Kipling cakes, is already seeking a permanent new chief executive after Gavin Darby left in January. Premier Foods is in the middle of a review to shore up value after coming under pressure from top investors.
Premier Foods Plc said on Thursday that Chairman Keith Hamill would retire from his role at the company's annual meeting in July after two years in the job. The company said it began a search to find a ...
Premier Foods unveiled plans to review options for its business after former boss Gavin Darby left in January. Premier Foods, which also owns the Ambrosia rice pudding and custards brand and OXO stock cubes, said adjusted profit before tax rose 12 to 88 million pounds ($114 million)for the year ended March 30. Mr Kipling enjoyed a 12% rise in revenue after it was relaunched in Britain with new packaging and design combined with higher marketing spends.
(Reuters) - Premier Foods Plc reported a higher annual pretax profit on Tuesday, boosted by growth in its largest brand Mr Kipling cakes and restructuring initiatives, but warned that the first half of ...