Premier Foods' gravy and pudding sales hit by hot weather

Premier Foods' gravy and pudding sales hit by hot weather
 

The unusually warm weather in September meant fewer of us bought gravy and puddings according to the maker of Bisto and Mr Kipling products.
Premier Foods saw its share price drop 14% after a trading update revealed a decrease in sales.
Investors were not calmed by the company's reassurance that "careful management" of costs would see profits meet expectations this year.
A boost to international sales could not make up for the hit in the UK.
It's not often that we see the UK's hottest annual temperatures in September. But this year, the hottest day of the year so far was recorded... read more

 
12 October 2016 in Business, Views: 45
Source: BBC
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