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Premier Foods shares jump 4.1% on stronger profits, higher dividend, and new interim payout plan

Company Fundamentals
14 May 2026
Proactive Investors
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Bullish
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Premier Foods reported a 6.7% rise in trading profit to £200.4 million and an 8.5% increase in adjusted pre-tax profit to £183.6 million for the year ending March 28, beating expectations. The company saw branded revenue grow 3.4% to £1.04 billion, driven by new products like Mr Kipling cake bite tubs and OXO bone broth. Profit after tax rose 9.4% to £136.6 million, while net debt decreased by £48.4 million despite acquiring Merchant Gourmet. Premier Foods raised its final dividend by 20% to 3.36p per share and plans to introduce an interim dividend in 2027, signaling confidence in future growth and shareholder returns. Analysts view the shares as undervalued with good medium-to-long term growth potential.

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