Premier Bread division profit falls 27%
date:Aug 15, 2012
he launch of Hovis Farmers Loaf, the company said. Further new products are expected to be launched over the coming months. Non-branded bread sales increased by 1.5% due to net contract gains with key customers.
Overall, Premier Foods posted trading profit in the first half ended June 30 of 53.2 million ($83.4 million), up 3% from 51.5 million in the first half of fiscal 2011. Sales totaled 852.8 million ($1,337 million), down 15% from 1,004.7 million.
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05/08 22:55