Danone UK boss urges government to raise fat, sugar and salt taxes June 11, 2023 The UK boss of a major food firm has called on ministers to link VAT rates to the “health credentials” of products containing fat, salt and sugar, in the first example of such a demand coming from business rather than government. James Mayer, president of Danone UK & Ireland, which sells the Actimel yoghurt drink [...]
No gravy train: Bisto-maker Premier to cut 300 jobs despite strong festive sales January 19, 2023 Leading British manufacturer Premier Foods’ grocery business has gone from strength-to-strength over the Christmas period, as it looks to close a loss-making factory costing 300 jobs. The company, the maker or famous brands including Mr Kipling, Ambrosia, Custard and Angel Delight, cashed in on festive purchasing despite the cost of living crisis, with sales up [...]
Premier Foods boosted by consumers eating at home amid rising inflation November 16, 2022 Premier Foods’ revenues continue to rise despite inflation, as the cost of living crisis pushes consumers towards cheaper brands. The London-listed food group, which owns Batchelors, Bisto and Lloyd Grossman brands, has continued to perform well under economic pressure in the UK and across the world. Group revenue rose more than six per cent to [...]
Exclusive: Premier Foods inks long-term partnership with food poverty charity FareShare November 10, 2022 One of the country’s biggest food manufacturers has said it has agreed to join forces with charity FareShare, to tackle hunger and food waste. Premier Foods has inked a five year partnership to provide food directly to FareShare, which will then redistribute the donations to almost 9,500 charities and community groups in its network. The [...]
Mr Kipling owner acquires meal-kit brand The Spice Tailor for £43.8m July 25, 2022 Premier Foods has snapped up the Indian and South East Asian meal kits business The Spice Tailor, for an initial £43.8m. The Spice Tailor is anticipated to generate revenue of £17.3m in the 2022/23 financial year, with the Mr Kipling owner enticed by its 20 per cent compound annual growth rate over the last four [...]
Mr Kipling manufacturer Premier Foods sales ahead of expectations July 23, 2021 Premier Foods have reported stronger than expected sales as the Mr Kipling manufacturer’s healthier ranges have proven popular with consumers. Group sales were up by 6.3 per cent compared to two years ago – at top end of Group’s expectations – while its branded sales also rose, by 9.3 per cent. The Hertfordshire-based company published [...]
Creativity in the kitchen drives ‘outstanding’ year at Premier Foods May 19, 2021 Creativity in the kitchen drives 'outstanding' year at Premier Foods
Home cooking drives ‘exceptional’ year-end for Mr Kipling owner Premier Foods January 19, 2021 Sales at Premier Foods were up nine per cent in the final quarter of 2020, and 12.5 per cent year-on-year, shrugging off pandemic worries. The business, which owns brands Mr Kipling, Bisto and Oxo, saw branded sales up more than 12 per cent this quarter, and 16 per cent year-on-year, driven in part by lockdown [...]