Premier Foods (GB:PFD) has released an update.
Premier Foods plc has reported robust financial results for the fiscal year ending 30 March 2024, with headline revenue up by 15.1%, trading profit increasing by 14%, and adjusted profit before tax growing by 15.1%. The company highlighted strong branded volume growth in Q4 and announced a 20% dividend hike, reflecting confidence in its growth strategy. Strategic investments in marketing, infrastructure, and acquisitions, such as The Spice Tailor and FUEL10K, have positioned Premier Foods for continued progress in line with expectations for the upcoming fiscal year.
For further insights into GB:PFD stock, check out TipRanks’ Stock Analysis page.