Sales of branded foods up 1% at Premier Foods

Premier Foods reported higher fourth-quarter sales of its branded foods, which include Oxo seasonings and Bisto gravy, on Tuesday, and said it would take a closer look at streamlining operations in the coming year.

Branded foods sales rose 1 per cent in the quarter to April 2nd, the company said. Overall, revenue rose 1.4 per cent in the quarter to £185.5 million.

Branded foods sales accounted for 91 per cent of total sales for the quarter, it said.

Reuters