**Summary**
Premier Foods plc reported strong financial results for the 52 weeks ended March 28, 2026, with headline revenue growth of 2.5% to £1,175.2 million, driven by a 3.4% increase in branded revenue. Trading profit rose 6.7% to £200.4 million, exceeding expectations, and adjusted profit before taxation increased by 8.5% to £183.6 million. The company achieved market share gains in both Grocery and Sweet Treats categories, with notable success in product innovation, particularly in Sweet Treats, where branded revenue grew by 7.3%.
Internationally, the company saw strong growth in the US (17%) and Europe (9%), though total international revenue was slightly down due to reduced stock levels in Australia. Acquired brands, including The Spice Tailor, FUEL10K, and Merchant Gourmet, all delivered double-digit revenue growth.
Net debt decreased by £48.4 million to £95.2 million, and the company increased its final dividend by 20% to 3.36 pence per share. The Board also plans to introduce an interim dividend in FY26/27. Capital investment increased by 25% to £51.9 million, focusing on automation and efficiency improvements.
Looking ahead, Premier Foods expects to continue its growth strategy through its Branded Growth Model, expanding into new categories, growing internationally, and exploring further M&A opportunities. The company remains confident in its ability to deliver further profitable branded revenue growth despite macroeconomic and geopolitical challenges.
| Financial Metric | FY25/26 | FY24/25 | Change |
|---|---|---|---|
| Headline Revenue (£m) | 1,175.2 | 1,146.8 | 2.5% |
| Headline Branded Revenue (£m) | 1,041.7 | 1,007.1 | 3.4% |
| Trading Profit (£m) | 200.4 | 187.8 | 6.7% |
| Adjusted Profit Before Taxation (£m) | 183.6 | 169.3 | 8.5% |
| Adjusted Earnings Per Share (pence) | 15.8 | 14.5 | 8.7% |
| Net Debt (£m) | 95.2 | 143.6 | £48.4m lower |
| Dividend Per Share (pence) | 3.36 | 2.8 | 20.0% |