Friday, May 16, 2025

Premier Foods grows profit and diversifies portfolio

Premier Foods has reported a solid financial performance for the year ending March 2025, with trading profit rising by 6% to £187.8 million. Branded product revenue surpassed the £1 billion mark following a 5% year-on-year increase, and profit before tax climbed 6.5% to £161.3 million.

The company, known for brands such as Ambrosia and Mr Kipling, saw significant growth across multiple product lines. Notably, revenue from newly introduced categories rose by 46%, with Ambrosia porridge pots performing strongly. International sales grew 23%, supporting the firm’s broader expansion strategy.

Recent acquisitions are also delivering results. The Spice Tailor and FUEL10K achieved double-digit sales growth, contributing to the company’s ongoing diversification and premiumisation strategy.

These results suggest Premier Foods is successfully navigating shifts in consumer preferences while expanding its product reach at home and overseas.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.
















Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close