Hovis bread maker Premier Foods received a boost to its debt-ridden shares following a cash offer of €50m for its French speciality bakery business Martine Specialites.
Premier Foods has announced that the recent relaunch of Hovis bread, which included quality improvements, has resulted in increased market share.
Premier Foods has announced that it has held talks with private investors in an effort to shore up its debt and reassure shareholders.
Premier Foods has refuted press reports that it is considering selling its popular Mr Kipling cake brand, saying that the business is growing.
The UK’s biggest food manufacturer is seeking investment to bolster its share price and cut its debt which stood at £1.8bn at the end of June.
Premier Foods, the maker of Hovis bread, reports 'good progress' in recovering commodity inflation as price increases passed onto retailers offset high ingredient costs.
The chief executive of Premier Foods, Robert Schofield, has called on the British government to encourage more wheat planting to help restore the balance between supply and demand as wheat...
UK-based Premier Foods today confirmed it will cut its annual shareholder payout in half, as the rising price of wheat and other commodities continue to dog the bakery firm.
As the commodity squeeze continues to bite, Premier Foods slashes its shareholder payout, Sara Lee chairman buys some of her own shares, and J&J snack foods increases prices across the...
Soaring commodity costs have sent Premier Foods share prices tumbling and may cause the company to breach its banking covenants, according to analysts.
UK-based Premier Foods had an organic sales gain of three per cent in the four months to the end of October and said its is on course to meet its...
Premier Foods will further increase the price of its bakery products if the cost of wheat remains high, the company said yesterday in releasing its interim results.
Premier Foods will close two of its bakery plants in the UK following lower consumer demand for bread.
Premier Foods will sell its frozen foods division, according to a trading update released today.
Premier Foods, the UK's largest food company, said yesterday it will close six of its 11 factories in a bid to cut manufacturing costs.
The UK's largest food processor, Premier Foods, has reiterated its financial expectations for the coming year.
UK food processor Premier Foods remains undaunted by last year's rising raw material costs and unseasonably warm summer weather - posting a 12 per cent rise in pre-tax profits in...
In a bid to cut costs, UK-based Premier Foods said it would close down two of its factories over the next six months, cut about 450 jobs and invest in...
UK food group Premier Foods is poised to consolidate its leading position in the British snack market with the £1.23bn (€1.8bn) acquisition of bakery company RHM.
Premier Foods has dropped out of the bidding war over United Biscuits, leaving US equity firm Blackstone as the sole contender for the European snack giant.
Hovis bread, produced by the UK bakers RHM, is to get an expensive facelift in a bid to strengthen its position as Britain's healthiest brand.
The UK's Premier Foods is believed to have offered United Biscuits an initial £1bn bid for its northern European snack food operations - even though City analysts claim the business...
UK food manufacturer RHM remains undeterred by last year's slump in Mr Kipling cake sales - their financial second half results show business is improving with the aid of healthy...
US food giant Kraft is partnering with Britain's Premier Foods to launch a bid for United Biscuits, according to industry insiders.
British food group RHM last week announced it will launch a crustless bread under its Hovis brand, targeted at young children who only like the soft part of a loaf.