Premier Foods PLC (LSE:PFD)
£ 1.898 -0.026 (-1.37%) Market Cap: 1.64 Bil Enterprise Value: 1.86 Bil PE Ratio: 15.35 PB Ratio: 1.17 GF Score: 73/100
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Q1 2020 Premier Foods PLC Trading Statement Call Transcript

Jul 17, 2019 / 08:00AM GMT
Release Date Price: £0.3705 (-1.07%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Premier Foods Quarter 1 Trading Update Call. (Operator Instructions) I must advise you that this conference is being recorded today, 17th of July 2019.

I will hand the conference over to our first speaker for today, Mr. Alastair Murray. Thank you. Please go ahead, sir.

Alastair S. N. Murray
Premier Foods plc - Acting CEO, CFO & Executive Director

So good morning, everybody. Alastair Murray speaking. As I think you probably all know, I'm acting CEO here at Premier and also CFO. So thank you for joining this update call for the first quarter, which is the first 13 weeks of this financial year. So I'll give a quick introduction before opening the call to questions. My colleague Rich Godden is with me who many of you know.

So in terms of headlines, I'm pleased to say we've had an encouraging start to the year. We've increased our group sales by 1.1%. When you actually look at the detail in here, you'll see that Branded sales actually grew ahead of this, up by 2.9%. And I'm

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