)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Premier Foods (PFD) investor relations material
Premier Foods H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary13 Nov, 2025
Executive summary
U.K. branded revenue grew 1.9% to £453m in H1, with Q2 growth accelerating to 3% as grocery rebounded and Sweet Treats delivered 9.4% growth, led by Mr Kipling at over 10%.
Trading profit rose 0.4% to £71m, with underlying growth of 7% when adjusting for the EPR packaging levy; adjusted PBT up 2.2% to £62m and adjusted EPS up 1.1% to 5.4p.
Merchant Gourmet was acquired for £46m–£49.6m, contributing to portfolio expansion and future growth.
Net debt/EBITDA remains low at 1.0x post-acquisition, with net debt at £207m, £14m lower year-over-year.
Strong progress across all five strategic pillars, including new category expansion (+41%), international growth, and successful integration of acquired brands.
Financial highlights
Total revenue up 0.7% to just over £500m; branded revenue up 1.9%, non-branded revenue declined as part of a deliberate right-sizing.
Adjusted PBT up 2.2% year-over-year, with lower interest costs and higher cash balances.
Adjusted EPS at 5.4p; net debt at £207m, £14m lower year-over-year after the Merchant Gourmet acquisition.
Dividends paid of £24m in H1, up 62% year-over-year, with a progressive policy to grow ahead of earnings.
Free cash flow for H1 was £16.7m, down from £45.2m in the prior year, reflecting higher working capital and investment.
Outlook and guidance
On track to deliver full-year trading profit expectations; adjusted PBT now expected to be slightly ahead.
Revenue expected to step up in H2, driven by both volume and price mix, with a strong innovation pipeline and further benefits from the Merchant Gourmet acquisition.
CapEx guidance increased to £55m for the year, with similar levels expected in coming years, focused on efficiency and growth.
Medium-term guidance remains strong across all five strategic pillars.
Interest costs expected to be lower this year, with a medium-term increase once bonds are refinanced.
EPR levy's H2 impact on profitability
Quantify underlying profit generation
Describe current leverage position
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Premier Foods earnings date
Q3 2026 TU21 Jan, 2026
Next Premier Foods earnings date
Q3 2026 TU21 Jan, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Premier Foods plc, together with its subsidiaries, designs, manufactures, markets and distributes branded and own label food products. The company's products include cakes, biscuits, cereals and snacks. The company is also involved in the development of its brands portfolio through product innovation and launching new products using multi-platform marketing approach. The company was founded in 1975 and is headquartered in Saint Albans, the United Kingdom.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage