Premier Foods ahead of target to save £40M
date:Aug 08, 2012
ium-term, Premier continues to target manufacturing controllable cost gross savings of 4% a year.

Power brand sales up 2% to 419M

The troubled group announced top-line results for the six months to June 30 2012, which showed underlying sales, excluding its milling operations, up 1.1% to 757.1M; sales of its power brands up 2.0% to 418.9M with grocery power brand sales up 4.9% and underlying trading profit up 3.2% to 53.2M. Adjusted profit before tax was 10.9M, compared with a 7.8M loss in th
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