Half Year 2020 Premier Foods PLC Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Premier Foods Half Year Results Call.
(Operator Instructions) I must advise you that this conference is being recorded today, on Tuesday, the 12th of November 2019.
I would now like to turn the conference over to your speaker today, Alex Whitehouse. Please go ahead.
Good afternoon, everybody. And so I'm here with Duncan Leggett, our Acting CFO; and Richard Godden. And I'm going to start from the deck that we used in the equity presentation this morning. And just a handful of selected slides. If you've got that, then you can follow along. And I'm going to kick off with the headline numbers.
So we're really pleased with the start we've had for the year and turnover growth of 2.4% for the half and 3.6% in Q2. And that was driven by some really healthy branded growth. So our brand portfolio growing by 4.3% over the half and 5.6% in quarter 2.
Trading profit was rather better than we expected actually
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