Premier Foods PLC (OTCPK:PFODF)
$ 2.5 -0.05 (-1.96%) Market Cap: 2.13 Bil Enterprise Value: 2.43 Bil PE Ratio: 14.49 PB Ratio: 1.22 GF Score: 73/100

Half Year 2023 Premier Foods PLC Earnings Call Bond Investors and Analysts Transcript

Nov 16, 2022 / 01:30PM GMT
Release Date Price: $1.22
Operator

Hello, and welcome to the Premier Foods' half year results conference call. My name is Alex, I'll be coordinating the call today. (Operator Instructions)

I'll now hand over to your host, Alex Whitehouse, Chief Executive Officer. Please go ahead.

Alexander Whitehouse
Premier Foods plc - CEO & Director

Good afternoon, everybody. So the plan here is we're going to go through a handful of slides from the deck, which I believe is available on the website, Richard. So if you want to follow along, I'm going to start on Page 3. I'll let you know which slide we're moving on to each time.

So look, I think the main message from us today is that we've had a good first half. Quarter 2 was just as good, if not slightly better actually, than Quarter 1. And we finished the quarter -- sorry, we finished the half, up 6.2% versus a year ago in terms of revenue growth. And then branded growth at 3.9% with trading profit, that's 6.2% growth. So trading profit growth in line with revenue growth. So obviously, therefore, we've recovered input cost inflation

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