date:Aug 24, 2012
Commenting after the firms 200M sale of its sweet spreads and jellies business to US multi-national Hain Celestial, Shore Capital analysts Clive Black and Darren Shirley said:Premier Foods stock appears more robust with less downside.
It is no longer the basket case that Mr Clarke inherited. However, there is more work to do and challenges from rising input prices on commodity prices and a still challenged UK consumer and supermarket segment must still be surmounted.
Premier announced yesteday