Sales of branded foods up 1% at Premier Foods

Bisto gravy manufacturer will look at streamlining operations in coming year

Branded foods sales rose 1 per cent in the quarter to April 2nd, Premier Foods said. Overall, revenue rose 1.4 per cent in the quarter to £185.5 million. (Photograph: Phil Noble/Reuters)

Tue May 17 2016 - 08:33

Premier Foods reported higher fourth-quarter sales of its branded foods, which include Oxo seasonings and Bisto gravy, on Tuesday, and said it would take a closer look at streamlining operations in the coming year.

Branded foods sales rose 1 per cent in the quarter to April 2nd, the company said. Overall, revenue rose 1.4 per cent in the quarter to £185.5 million.

Branded foods sales accounted for 91 per cent of total sales for the quarter, it said.

Reuters

Premier Foods