Premier Foods PLC (GB:PFD)
LSE:PFD
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Premier Foods
(LSE:PFD)
Select Model
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Rating:76Outperform
Price Target:
223.00 p
▲(23.48% Upside)
Action:ReiteratedDate:12/07/25
Premier Foods' overall stock score is driven by strong financial performance and positive earnings call insights, indicating robust growth and profitability. While technical indicators suggest some bearish trends, the company's strategic initiatives and executive confidence provide a solid foundation for future growth.
Positive Factors
Branded growth and market share gains
Sustained branded growth and 130bps share gain over three years indicate durable brand equity and category competitiveness. This supports repeat purchase, pricing power and stable shelf presence with major retailers, underpinning predictable revenue and strategic resilience over months to years.
Negative Factors
Extended producer responsibility levy
An industry levy treated as a full-year charge materially reduced reported profits and introduces a recurring regulatory cost. Ongoing or expanding producer-responsibility obligations can structurally compress margins and increase profit volatility unless mitigated by pricing or cost efficiencies.
Read all positive and negative factors
Positive Factors
Negative Factors
Branded growth and market share gains
Sustained branded growth and 130bps share gain over three years indicate durable brand equity and category competitiveness. This supports repeat purchase, pricing power and stable shelf presence with major retailers, underpinning predictable revenue and strategic resilience over months to years.
Read all positive factors
Premier Foods (PFD) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.56B
Dividend Yield1.62%
Average Volume (3M)1.90M
Price to Earnings (P/E)8.9
Beta (1Y)0.56
Revenue Growth0.50%
EPS Growth20.52%
CountryUK
Employees4,000
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)0.05
Shares Outstanding868,795,840
10 Day Avg. Volume1,977,833
30 Day Avg. Volume1,902,004
Financial Highlights & Ratios
PEG Ratio1.67
Price to Book (P/B)1.12
Price to Sales (P/S)1.40
P/FCF Ratio13.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£234.00Price Target Upside29.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.15
Revenue Forecast (FY)£1.18B
Premier Foods Business Overview & Revenue Model
Company Description
Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and Inter...
How the Company Makes Money
Premier Foods generates revenue through the sale of its extensive portfolio of branded food products across multiple channels, including grocery retailers, food service providers, and online platforms. The company's key revenue streams include pro...
Premier Foods Earnings Call Summary
Earnings Call Date:Nov 13, 2025
(Q2-2026)
| % Change Since: |
Next Earnings Date:May 14, 2026
Earnings Call Sentiment Positive
The call presented a generally positive outlook with strong growth in branded segments, market share gains, profitability improvements, and successful strategic investments. However, there are some challenges, such as the levy impact on profits and retailer performance polarization.Positive Updates
Strong Branded Growth
Q2 U.K. branded growth was up 3%, bringing H1 up to 2%. Total branded revenue for the half increased by 1.9%.
Negative Updates
Extended Producer Responsibility Levy Impact
This levy forced a full year's charge in the first half numbers, affecting reported profit delivery.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Branded Growth
Q2 U.K. branded growth was up 3%, bringing H1 up to 2%. Total branded revenue for the half increased by 1.9%.
Read all positive updates
Company Guidance
During the Premier Foods Half Year results Bond Investor Call, several key metrics and strategic insights were shared. The company reported a 3% increase in Q2 UK branded growth, bringing the H1 growth to 2%, despite earlier weather impacts in Q1. Total branded revenue grew by 1.9%, with market share gains of 130 basis points over three years. Trading profit is up by 7% and adjusted PBT by 10%, excluding the impact of the extended producer responsibility levy. The company has reduced its net debt to EBITDA to 1%, following the acquisition of Merchant Gourmet. CapEx guidance was increased from GBP 50 million to GBP 55 million, reflecting the deployment of capital into high-return projects. Internationally, in-market performance in Australia grew by 17% for Cake, although this did not translate to revenue due to stock holding adjustments. The company remains open to future acquisitions if they align with their strategic goals, maintaining a cadence of roughly one acquisition per year.Premier Foods Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
75
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.15B | 1.15B | 1.14B | 900.50M | 947.00M | 847.10M |
| Gross Profit | 424.40M | 439.30M | 432.30M | 327.10M | 335.30M | 297.50M |
| EBITDA | 241.80M | 232.10M | 225.30M | 169.70M | 208.30M | 145.70M |
| Net Income | 132.20M | 124.90M | 112.50M | 77.50M | 106.00M | 46.50M |
Balance Sheet | ||||||
| Total Assets | 2.21B | 2.25B | 2.33B | 2.53B | 2.27B | 3.03B |
| Cash, Cash Equivalents and Short-Term Investments | 127.40M | 191.50M | 102.30M | 54.30M | 4.20M | 177.90M |
| Total Debt | 334.50M | 335.10M | 337.90M | 339.30M | 336.90M | 607.50M |
| Total Liabilities | 814.70M | 809.70M | 1.01B | 1.03B | 1.09B | 1.35B |
| Stockholders Equity | 1.39B | 1.44B | 1.33B | 1.51B | 1.18B | 1.68B |
Cash Flow | ||||||
| Free Cash Flow | 106.90M | 116.70M | 88.90M | 66.90M | 62.00M | 73.10M |
| Operating Cash Flow | 140.30M | 158.10M | 121.70M | 90.10M | 85.60M | 85.90M |
| Investing Cash Flow | -95.75M | -41.40M | -62.10M | -23.20M | 13.80M | -18.00M |
| Financing Cash Flow | -46.00M | -27.50M | -20.70M | -13.70M | -276.20M | 82.20M |
Premier Foods Technical Analysis
Negative
180.60
Price Trends
189.72
Negative
181.98
Positive
185.80
Negative
Market Momentum
-2.60
Positive
35.12
Neutral
27.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PFD, the sentiment is Negative. The current price of 180.6 is below the 20-day moving average (MA) of 188.85, below the 50-day MA of 189.72, and below the 200-day MA of 185.80, indicating a bearish trend. The MACD of -2.60 indicates Positive momentum. The RSI at 35.12 is Neutral, neither overbought nor oversold. The STOCH value of 27.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PFD.
Premier Foods Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £2.74B | 8.36 | 15.07% | 2.06% | 6.96% | 28.47% | |
76 Outperform | £1.56B | 8.95 | 10.71% | 1.62% | 0.50% | 20.52% | |
71 Outperform | £432.88M | 11.83 | 12.72% | 7.01% | 8.58% | -15.81% | |
70 Outperform | £1.91B | 17.26 | 12.23% | 0.79% | 7.74% | 30.09% | |
65 Neutral | £1.54B | 8.87 | 2.17% | 5.27% | 26.84% | -81.73% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
* Consumer Defensive Sector Average
GB:PFD
Premier Foods
180.60
-2.00
-1.10%
GB:CWK
Cranswick
5,130.00
277.53
5.72%
GB:HFG
Hilton Food
482.00
-318.13
-39.76%
GB:TATE
Tate & Lyle
349.00
-157.68
-31.12%
GB:GNC
Greencore
241.00
64.68
36.68%
Premier Foods Corporate Events
Regulatory Filings and Compliance
Premier Foods Executives Exercise Sharesave Options, Boosting Insider Stakes
Positive
Feb 3, 2026
Premier Foods has disclosed that six members of its senior management team, including Chief Executive Officer Alex Whitehouse and Chief Financial Officer Duncan Leggett, have exercised options under the company’s 2022 Sharesave Plan to acqui...
Regulatory Filings and Compliance
Premier Foods Discloses Share Dealings by General Counsel and Associated Person
Neutral
Feb 2, 2026
Premier Foods has disclosed a series of share dealings by its General Counsel and Company Secretary, Simon Rose, and his closely associated person, Philippa Rose, as required under the Market Abuse Regulation. On 30 January 2026, Simon Rose purcha...
Regulatory Filings and Compliance
Premier Foods CEO Alex Whitehouse Exercises LTIP Options and Sells Portion of Shares
Neutral
Jan 28, 2026
Premier Foods has disclosed that its chief executive officer, Alex Whitehouse, has exercised nil-cost options over 907,843 ordinary shares under the company’s Long Term Incentive Plan, subsequently selling 473,186 shares and retaining 434,65...
Regulatory Filings and Compliance
Premier Foods Reports Routine Share Dealings by HR Director and Associate
Neutral
Jan 27, 2026
Premier Foods has disclosed routine share dealings involving Human Resources and Communications Director David Wilkinson and his closely associated person, Jane Wilkinson, in line with Market Abuse Regulation requirements. On 26 January 2026, Davi...
Business Operations and StrategyFinancial Disclosures
Premier Foods lifts profit outlook after strong Christmas trading and market share gains
Positive
Jan 21, 2026
Premier Foods reported a strong Christmas trading period for the thirteen weeks to 27 December 2025, with branded revenue up 5.2% and total revenue up 4.1%, prompting the group to guide full-year trading profit to the upper end of market expectati...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.