Premier Foods PLC (PFD.L)
22 Mar 2017
March 1 Britain's Premier Foods Plc, under pressure from investors after rejecting a takeover bid last year, named a representative of Hong Kong-based Oasis Management to its board on Wednesday in an effort to revive its flagging business.
March 1 Premier Foods Plc, the maker of Mr Kipling cakes, appointed a managing director of Hong Kong-based shareholder Oasis Management Co Ltd as non-executive director on Wednesday.
* Appointment of Daniel Wosner as a non-executive director of company from 1 st March 2017
(The following statement was released by the rating agency) MILAN/LONDON, January 19 (Fitch) Fitch Ratings says Premier Foods' (Premier; B/Stable) warning that its FY17 (financial year to March 2017) profits will suffer from a combination of higher marketing investments and a gradual increase in raw material prices raises the company's financial risk profile. It is likely to reduce free cash flow (FCF) to a few GBP millions for FY17 and result in a higher leverage over FY17-FY19 compared wi
Premier Foods Plc , the maker of Mr Kipling cakes and Bisto gravy, cuts its profit forecasts and said it was taking longer than expected to agree supply deals with food retailers, sending its shares down as much as 16 percent.
* Year-to-date branded products sales down over 3 pct (Adds details, analyst comment, shares)
Jan 18 Premier Foods Plc, the maker of British brands such as Mr Kipling cakes and Bisto gravy, cut its full-year profit forecast by 10 percent on Wednesday after saying its third-quarter sales had been weaker than expected.
* Weak Q3 group sales down (1.0 pct), despite strong December up +4.5 pct
LONDON Cadbury chocolate owner Mondelez International said it is taking selective price increases across its brands, as it grapples with higher commodity costs and a weaker British pound.
LONDON, Jan 12 Cadbury chocolate owner Mondelez International said it is taking selective price increases across its brands, as it grapples with higher commodity costs and a weaker British pound.