Premier Foods
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Premier Foods (PFD) investor relations material

Premier Foods Q1 2027 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2027 TU earnings summary16 Jul, 2026

Executive summary

  • Branded sales/revenue grew 4% year-over-year, outpacing the market and increasing market share, led by Sweet Treats and Mr Kipling.

  • Group sales/revenue rose 2.7% (reported) and 2.8% (constant currency), with UK branded sales up 3.8%.

  • New categories revenue increased 16%, led by Cape Herb & Spice and FUEL10K.

  • Acquired brands (The Spice Tailor, FUEL10K, Merchant Gourmet) all delivered double-digit sales/revenue growth.

  • International sales/revenue up 6% at constant currency, with strong growth in Europe, North America, and Australasia.

Financial highlights

  • Group branded revenue: £225.1m, up 4.1% year-over-year at constant currency.

  • Group total revenue: £246.4m, up 2.8% year-over-year at constant currency.

  • Grocery branded sales/revenue increased 3%–3.2% year-over-year.

  • Sweet Treats branded sales/revenue rose 6.6%, with Mr Kipling up over 9%.

  • Non-branded revenue declined 9.1% year-over-year, mainly due to planned contract exits.

Outlook and guidance

  • Trading profit expectations for the financial year are unchanged, with consensus range of £209.4m–£213.7m.

  • Continued focus on branded growth, innovation, and international expansion.

  • Medium-term goal to build the business through the five-pillar strategy.

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