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Premier Foods returns to profit in H1

Staff Writer | November 15, 2017
Premier Foods said first-half sales rose on the back of a return to volume-driven growth, with global revenue up 23%.
Premier Foods
Premier Foods   Volume-driven growth
Over 40% of second-quarter revenue came from its Nissin and Mondelez strategic partnerships.

- Revenue for the six months to 30 September climbs 1.5% to GBP353.3m ($465.3m)

- Operating profit rises 2.3% to GBP22.5m

- Net profit turns positive at GBP0.3m versus GBP55.6m loss a year earlier.