date:May 13, 2014
Premium Brands Holdings, a specialty food products company, has reported a 16.4% rise in its Q1 2014 revenues to $266.9m, compared to $229.2m in the same quarter last year.
The company's earnings for the quarter were $1.9m against $1.2m for the first quarter of 2013.
During the first quarter of fiscal 2014, Premium Brands completed the sale and leaseback of its distribution facility in Surrey, a deal which resulted in net proceeds of $10.2m.
Premium Brands president and CEO George Paleologou