Mark Jones comments as Mr Kipling cakes maker, Premier Foods, reports lower sales as rising cost of sugar hits profits

Wednesday 17th May 2017

Mr Kipling cakes maker Premier Foods has unveiled a new plan to focus on cash generation and cost efficiencies after it reported a slump in annual sales.

The listed company, which is also behind the Bachelor’s noodles and OXO brands, reported underlying group sales of £790.4m for the 52 weeks to 1 April 2017, down from £801.3m a year earlier.

Mark Jones comments in The Daily Mail and This is Money.