16-05-2025
Premier Foods revenues up 3.5% at £1.14bn for last 12 months
Demand for premium-branded products helped the maker of kitchen staples such as Mr Kipling cakes and Bird's custard to deliver higher sales and profits last year.
Premier Foods said headline revenues were £1.14 billion for the 12 months to March 29, up 3.5 per cent on the year before.
Sales were buoyed by a 5.2 per cent increase in revenues across its branded business. Branded revenues in the group's sweet treats division, which includes Mr Kipling and licensed Cadbury products, saw revenues grow by 7.3 per cent to £233.8 million.
Sales of Mr Kipling's Signature Collection premium ranges were particularly strong, with Premier Foods recording a 78 per cent jump in sales of its brownie bites, while revenues doubled for its 'best ever' mince pies.