Nov 16, 2022 / 09:00AM GMT
Alexander Whitehouse - Premier Foods plc - CEO & Director
Well, good morning, everybody, and welcome to Premier Foods Half year results, and that's for the 26 weeks that ended on the 1st of October this year. As always, I'm joined by our CFO, Duncan Leggett, and in a moment, Duncan will take us through the numbers, and then I'll walk us through the progress against our five pillar growth strategy.
But before that, I'll just walk through a few of the highlights of the first half of the year. So I'm pleased to say that quarter 2 continued the momentum that we had from quarter 1. In fact, if anything, quarter 2 was slightly stronger than quarter 1. And we finished the half with top line growth of 6.2%.
The brands grew strongly at 3.9%. And I think what we're seeing here is that our consumer proposition and our strong brands are particularly relevant in the current environment.
Trading profit was up 6.2%. So you can see that's in line with revenue growth. And obviously, therefore, we've managed to recover input cost pressures through a combination of cost savings and also
Half Year 2023 Premier Foods PLC Earnings Call Transcript
Feb 14, 2024
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