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Premier Bread division profit falls 27%
date:Aug 15, 2012
to stabilize the business, refocus the portfolio and invest in our future growth, said Michael Clarke, chief executive officer. Our strategy of focusing on our power brands is starting to gain traction. Power brand sales were up 2% and sales of grocery power brands increased by a healthy 4.9%, reflecting consistent improvement in market shares.
Mr. Clarke said plans to simplify the business and drive further efficiency are on track, and the company expects to deliver 40 million in savings by the

12/22 11:51