Premier Foods PLC 2024 AR2
The report highlights Premier Foods plc's strong financial and strategic progress for the 52 weeks ended 30 March 2024, delivering a 15.1% increase in headline revenue to £1,122.6m and a 14.0% increase in trading profit to £179.5m. Under its sustainability strategy, the Enriching Life Plan, the company increased the proportion of products with health or nutritional benefits to 44% and expanded its plant-based sales by 24%. Additionally, the company reduced its market-based Scope 1 and 2 emissions by 13.8% and achieved its lowest-ever leverage with a net debt to adjusted EBITDA ratio of 1.2x. Premier Foods also completed the acquisition of the FUEL10K breakfast brand to accelerate its expansion into the breakfast category.
Company: Premier Foods PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 194
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Premier Foods PLC
Annual Report
The report highlights Premier Foods plc's strong financial and strategic progress for the 52 weeks ended 30 March 2024, delivering a 15.1% increase in headline revenue to £1,122.6m and a 14.0% increase in trading profit to £179.5m. Under its sustainability strategy, the Enriching Life Plan, the company increased the proportion of products with health or nutritional benefits to 44% and expanded its plant-based sales by 24%. Additionally, the company reduced its market-based Scope 1 and 2 emissions by 13.8% and achieved its lowest-ever leverage with a net debt to adjusted EBITDA ratio of 1.2x. Premier Foods also completed the acquisition of the FUEL10K breakfast brand to accelerate its expansion into the breakfast category.
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Document Details
Report Year
2024
Reporting Period
Apr 2, 2023 - Mar 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees