Particle.news
Download on the App Store
3 ARTICLES
·
last wk.

Premier Foods Reports Strong Growth, Boosts Dividend by 68%

The Mr Kipling maker achieved robust branded and international performance, supported by increased capital investment and premiumisation strategies.

Image
Alex Whitehouse, Premier Foods’ chief executive, hailed the success of the company’s “premiumisation strategy”

Overview

  • Premier Foods' revenue grew 3.5% to £1.15 billion for the year ending March 29, 2025, driven by a 5.2% rise in branded goods revenue.
  • Adjusted profit before tax increased 8.8% to £169.3 million, while profit after tax rose 11%, prompting a 68% dividend increase to 2.8p per share.
  • Sweet Treats branded revenue, including Mr Kipling and Cadbury products, grew 7.3%, with premium ranges like Signature Bites seeing significant sales increases.
  • International revenue surged 23%, with particularly strong performance in Canada, Australia, and New Zealand.
  • Capital investment rose by 26% to enhance manufacturing efficiency and capacity, aligning with the company’s strategy to support future growth and innovation.