Premier Foods wins City's confidence
date:May 31, 2012
Deboo from Investec said the Q1 figures showed a return to positive organic sales growth for the first time in four quarters:This is tentative but welcome evidence of a recovery, given that the Q1 comp doesn't reflect the harmful dispute with Tesco in Q2 FY11.

Deboo added:This feels like a decent start to the new future and a reassuring quarter, albeit one that will have been anticipated by the market, given the positive mood music from management around the FY11 prelims, only last month.

Howe
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05/11 06:24