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UK's Premier Foods sees annual earnings above expectations

Thu, 20th Jan 2022 07:25

Jan 20 (Reuters) - Premier Foods expects its
full-year profits to come in above market expectations, as its
trademark Mr Kipling brand delivered its best-ever Christmas
sales after consumers splurged during the festive season.

The company said it expects its trading profit to be at
least 145 million pounds ($197.58 million) for the fiscal year
ending April, ahead of analysts' average estimate of 140.7
million pounds, according to a company-compiled consensus.
($1 = 0.7339 pounds)
(Reporting by Muhammed Husain in Bengaluru; editing by Milla
Nissi)

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