Breaking News on Industrial Baking & Snacks

Big Brands > Premier Foods

Premier recovers commodity costs through price rises

Premier Foods, the maker of Hovis bread, reports 'good progress' in recovering commodity inflation as price increases passed onto retailers offset high ingredient costs.

Premier Foods CEO calls for more planting of wheat

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...

Premier combats commodity costs with dividend cut

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.

News briefs: Premier Foods, Sara Lee and J&J Snacks

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...

Price hikes spell financial troubles for Premier

Soaring commodity costs have sent Premier Foods share prices tumbling and may cause the company to breach its banking covenants, according to analysts.

Premier Foods defies bakery price challenge

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 eyes further bakery price increases

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.

Lower demand for bread forces Hovis bakery closures

Premier Foods will close two of its bakery plants in the UK following lower consumer demand for bread.

Premier Foods to sell frozen foods division

Premier Foods will sell its frozen foods division, according to a trading update released today.

Premier Foods to close six factories

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.

Premier on track with RHM integration

The UK's largest food processor, Premier Foods, has reiterated its financial expectations for the coming year.

Strong trading for Premier as it gears up for RHM takeover

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...

Premier to close two factories in bid to cut costs

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...

Premier Foods set to buy RHM bakery

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 bows out of biscuit bid

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.

RHM invest in 'healthy' Hovis

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.

Premier Foods makes shrewd UB offer

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...

Hovis healthy range contribute to RHM profit

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...

Kraft and Premier Foods eye United Biscuits

US food giant Kraft is partnering with Britain's Premier Foods to launch a bid for United Biscuits, according to industry insiders.

Hovis targets children with new crustless bread

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.

Rank Hovis to slash 680 jobs

Rank Hovis has announced it will cut 680 jobs over the next three years in a bid to strengthen its position in the £1 billion UK cake market.

Key Industry Events