UK's Premier Foods gains on upbeat annual profit forecast

Premier Foods

21/01/2026 08:36

** Shares of Mr Kipling maker Premier Foods PFD.L up 5.3% at 178.2p

** Stock second-highest gainer on FTSE midcaps .FTMC index

** Co expects to deliver FY 2026 trading profit at the upper end of 193 mln pounds ($259.3 mln) to 198.2 mln pounds range

** "Both our Grocery and Sweet Treats businesses made strong progress in the period (Q3), and we returned to double-digit revenue growth overseas with particularly good performances in Australia and the U.S.," says PFD

** In 2025, the stock fell 8%

($1 = 0.7443 pounds)

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))