Business
Full-year Results
Premier Foods plc reported preliminary results for the 52 weeks ended March 28, 2026, showcasing strong earnings growth ahead of expectations and a further dividend increase. Headline revenue rose by 2.5% to £1,175.2 million, with branded revenue up 3.4% to £1,041.7 million. Trading profit increased by 6.7% to £200.4 million, and adjusted profit before taxation grew by 8.5% to £183.6 million, resulting in adjusted earnings per share of 15.8 pence, an 8.7% increase. The company also saw a significant reduction in net debt by £48.4 million to £95.2 million, and the final dividend per share was increased by 20% to 3.36 pence. Disclaimer*
About this update from Premier Foods Plc
[{"type":"text","content":"\n\n \n \n \n14 May 2026\nPremier Foods plc (the \"Group\" or the \"Company\")\n \n\n\n\n\nPreliminary results for the 52 weeks ended 28 March 2026\n\n\n\n\n \nStrong earnings growth, ahead of expectations and further dividend increase\n \n \n\n\n\n\nHeadline results* (£m)\n\n\nFY25/26\n\n\nFY24/25\n\n\nchange\n\n\n\n\nHeadline revenue1\n\n\n1,175.2\n\n\n1,146.8\n\n\n2.5%\n\n\n\n\nHeadline branded revenue1\n\n\n1,041.7\n\n\n1,007.1\n\n\n3.4%\n\n\n\n\nTrading profit2\n\n\n200.4\n\n\n187.8\n\n\n6.7%\n\n\n\n\nAdjusted profit before taxation5\n\n\n183.6\n\n\n169.3\n\n\n8.5%\n\n\n\n\nAdjusted earnings per share8 (pence)\n\n\n15.8\n\n\n14.5\n\n\n8.7%\n\n\n\n\nNet debt12\n\n\n95.2\n\n\n143.6\n\n\n£48.4m lower\n\n\n\n\n \n\n\n\n\nStatutory measures (£m)\n\n\nFY25/26\n\n\nFY24/25\n\n\nchange\n\n\n\n\nRevenue (FY24/25 includes Charnwood prior to site closure)\n\n\n1,175.5\n\n\n1,149.0\n\n\n2.3%\n\n\n\n\nProfit before taxation\n\n\n181.9\n\n\n161.3\n\n\n12.8%\n\n\n\n\nProfit after taxation\n\n\n136.6\n\n\n124.9\n\n\n9.4%\n\n\n\n\nBasic earnings per share (pence)\n\n\n15.7\n\n\n14.3\n\n\n9.8%\n\n\n\n\nDividend per share (pence)\n\n\n3.36\n\n\n2.8\n\n\n20.0%\n\n\n\n\n \nAlternative performance measures above are defined and reconciled to statutory measures throughout. Headline revenue is stated at constant currency to the prior year.\n* Headline results presented for FY24/25 exclude Charnwood results prior to site closure; statutory measures include Charnwood results prior to site closure\n \n\n\n\n\nStrong financial performance\n\n\n\n\n \n\n\n\n\n· \n\n\nFull year headline branded revenue1 up 3.4%, H2 strengthened to +4.7%; strong product innovation programme\n\n\n\n\n· \n\n\nTotal Grocery branded revenue1 up 2.3%, Sweet Treats branded revenue up 7.3%\n\n\n\n\n· \n\n\nFurther market share14 gains in both Grocery and Sweet Treats\n\n\n\n\n· \n\n\nTrading profit £200.4m, ahead of previously raised expectations, up 6.7% versus prior year\n\n\n\n\n· \n\n\nProfit after taxation up 9.4% to £136.6m\n\n\n\n\n· \n\n\nNet debt/Adjusted EBITDA now 0.4x\n\n\n\n\n· \n\n\nFinal dividend increased 20% to 3.36 pence;\n\n\n\n\n· \n\n\nBoard currently plans to introdu...