Premier Foods

Hovis and Kingsmill stuck in British bread ‘slugfest’, analyst

Hovis and Kingsmill stuck in British bread ‘slugfest’, analyst

By Ben Bouckley

After Premier Foods’ announced this week that it plans to up its spend on ‘power brands’ such as Hovis, Investec analyst Martin Deboo told BakeryAndSnacks.com that UK bread was a “terrible industry” to be in due to industry overcapacity.

600 jobs to go at Premier Foods

600 jobs to go at Premier Foods

By Oliver Nieburg

UK-based Premier Foods has announced that 5% of its 12,000 man workforce will be axed as the company sets larger cut targets.

Clarke has been praised by city analysts for his performance since taking over at Premier in august last year

Premier boss Michael Clarke backed by city

By Dan Colombini

Premier Foods boss Michael Clarke has received a resounding vote of confidence from city analysts, six months into his role, as he continues his plan to guide the firm out of trouble.

In a jam? Premier's sale of its Irish Brands led analyst Graham Jones to question its cash generating ability

Premier Food’s Irish brands sale raises cash fears

By Mike Stones

The £34.7M sale of Premier Foods’ four Irish brands, Chivers, Gateaux, McDonnells and the Erin licence, to the Boyne Valley Group underline worries about the food giant’s ability to generate cash, one leading analyst has warned.

Ceo Michael Clarke wants to increase focus on key areas of the business

Premier Foods still has battle on hands, say analysts

By Dan Colombini

Troubled food giant Premier Foods still has a mountain to climb despite ceo Michael Clarke’s decision to restructure the business and appoint two new managing director (mds), according to city analysts.

City: Premier Foods is going ‘absolutely nowhere’

City: Premier Foods is going ‘absolutely nowhere’

By Elaine Watson

Premier Foods will need to turn things around pretty quickly over the coming months or patience in its chief executive could run out, City analysts and corporate finance sources have warned.

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