Premier Foods (GB:PFD) has released an update.
Premier Foods reports a robust first half of the fiscal year, driven by a 4.6% increase in headline revenue and a 6.8% surge in branded revenue, thanks to strong promotional pricing and new product launches. The company also reduced its net debt by £51.8 million, highlighting financial discipline and a focus on efficiency through increased infrastructure investment. With international revenue up by 31% and promising growth in new categories, Premier Foods is on track to meet its full-year expectations.
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