As it happened: Markets on high alert as Streeting calls on Starmer to resign Markets Welcome back to the City AM liveblog. The past few days of political drama have to come to a head today and UK assets are bracing for a showdown. All eyes were on the bond market after Wes Streeting resigned as health secretary and called for a leadership contest. Gilt yields see-sawed yesterday as Sir [...]
Mr Kipling’s ‘biggest ever year’ bakes in sweet-looking profit at Premier Foods Business The owner of some of the UK’s best loved and most famous food brands hailed standout performer Mr Kipling, on Thursday which helped Premier Foods eat City profit forecasts for lunch. Mr Kipling – the brand behind the “exceedingly good cakes” tagline, in use continually since 1967, when the range made its debut – had its [...]
Boom in branded treats not enough to offset overall grocery sales Retail Premier Foods has reported a slight uptick in sales thanks to a few booming branded categories, although non-branded goods suffered. The company told markets this morning that grocery sales fell 2.7 per cent to £174.7m in the first quarter of the year, with branded sales also down. Overall sales at the company rose 0.2 per [...]
Premier Foods: Mr Kipling maker ups dividend on strong growth May 15, 2025 Revenue at Premier Foods jumped last year, driven by growth in branded goods and international sales. The Mr Kipling owner told markets this morning that adjusted profit before tax rose 8.8 per cent to £169.3m in the year ended March 29. Profit after tax rose 11 per cent, with basic earnings per share up 10 [...]
Mr Kipling mince pies deliver biggest-ever quarter for Premier Foods January 21, 2025 Mr Kipling remains the star seller for owner Premier Foods in both the UK and Australia, with mince pies and Brownie Bites more than doubling sales over Christmas. Premier Foods subsequently said it expected profit to be at the upper end of expectations – £180.1m to £186.4m – this year. Its share price rose by [...]
Behind the Scenes with Lisa O’Rahilly: Ten Trinity Square’s General Manager December 19, 2024 | Sponsored Q: To start, can you tell us a little bit about your background and how you ended up at Ten Trinity Square Members Club?Lisa: “The short version! I’m Irish, and I’ve spent over 25 years globe-trotting with Four Seasons, calling three continents home—Australia, the US, Europe—and even spending a few adventurous months in Russia. I [...]
Mr Kipling still a winner for Premier Foods as sales rise but outlook unchanged July 18, 2024 Sales of Mr Kipling and Asian meal kit The Spice Tailor boosted the company's branded sales by 7.3 per cent, to £213.8m from £199.3m last year.
Mr Kipling owner Premier Foods hikes dividend as profit booms May 16, 2024 Mr Kipling owner Premier Foods has been boosted by increased demand for its products.
Premier Foods shares soar after £33m windfall from suspending pension deficit payments early March 6, 2024 Premier Foods said it reached an agreement with the RHM Pension Scheme Trustee to suspend the contribution from 1 April.
190 million mince pies sold as Mr Kipling-maker Premier Foods has best Christmas ever January 23, 2024 The St Albans-based listed firm reported a 14.4 per cent increase in sales on last year's third quarter, with major departments including grocery and sweet treats surging.