Premier Foods third-quarter sales up on non-branded products
16/01/2018 07:00
LONDON, Jan 16 (Reuters) - Premier Foods PFD.L , owner of
Mr Kipling cakes and Oxo stock cubes, reported higher
third-quarter sales on Tuesday, helped by strength in its
non-branded products.
The company said sales for the quarter rose 4 percent to
261.4 million pounds ($360.3 million), with branded sales up 0.7
percent and non-branded rising 17 percent.
The company said its expectations for the current year were
unchanged and that net debt at the end of 2018 will be lower
than the prior year.
($1 = 0.7256 pounds)
(Reporting by Martinne Geller, editing by Louise Heavens)
((martinne.geller@thomsonreuters.com; +44)(0)(2075420797;
Reuters Messaging: martinne.geller.reuters.com@reuters.net))
Keywords: PREMIER FOODS RESULTS/