date:Jan 28, 2014
ions, while adjusted PBT is expected to be ahead of expectations as a result of slightly lower interest charges.
Grocery power brand sales were up 2% in the year to 31 December, despite a 1% drop in the fourth-quarter due to the tough consumer environment. This meant that power brand sales - which Premier has previously identified as its key strategic growth driver - rose just 0.3% in the second-half of the year.
Premier Foods shares dipped in early trade today, falling 1.57% at 10.17 GMT.