Premier Foods Announces Further Step to Build Value in Bread
date:Nov 21, 2012
be approximately 28 million and will be reflected in the Companys 2012 and 2013 financial statements, with the majority of the cash outflows to implement the proposed changes taking place in 2013. The Company expects to recover the majority of the cash impact of the proposed changes in future periods through realising site disposals, reduced working capital requirements and lower capital expenditure.

On a pro forma basis, the savings from the proposed restructuring are expected to offset the
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