Premier Foods issues dividend as home cooking pays off
Preparing meals at home during lockdowns helped its annual revenue and profit beat market expectations
19 May 2021 - 17:49
Premier Foods restored its dividend on Wednesday after 13 years, as more consumers used its Oxo stock cubes and Bisto gravy while cooking at home during lockdowns, helping its annual revenue and profit beat market expectations.
The Mr Kipling owner also announced plans to launch a vegan range of Sharwood’s Indian cooking sauces and 30%-less-fat Loyd Grossman lasagne sauces, as it expands in the increasingly popular healthier choices category...
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