LONDON – Premier Foods, the UK-based food manufacturer, has reported a substantial increase in sales for the third quarter, with a 14.4% rise compared to the same period previous year. The company also witnessed its market share expand by 121 basis points, attributing much of its success to a strong performance during the festive season. The surge in sales was particularly notable in the Flavourings and Seasonings category, where Bisto Best meat-free gravy stood out as a significant contributor. This product, catering to the growing demand for vegetarian and vegan options, has helped the company tap into new consumer trends. In addition, the Branded Sweet Treats segment experienced a remarkable growth of 17.1%. This increase was largely driven by the…
Published Date: 2024-01-23
Source: Investing.com
Categories: Business, Food and Related Products, Opportunities, Networking-MLM, Confectionery, Marketing and Advertising, Brokers