By Frank Prenesti
Date: Thursday 21 Aug 2025
LONDON (ShareCast) - (Sharecast News) - Premier Foods said it had bought healthy meals brand Merchant Gourmet for an enterprise value of £48m on a cash and debt free basis.
Merchant, which makes ready-to-eat meals from pulses and grains, is expected to generate revenue of £28m in the year to March 2026.
Premier said the company had a "broad consumer base, exceptionally strong repeat rates and established track record of new category expansion".
Reporting by Frank Prenesti for Sharecast.com
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| Currency | UK Pounds |
| Share Price | 173.80p |
| Change Today | -0.80p |
| % Change | -0.46 % |
| 52 Week High | 214.50p |
| 52 Week Low | 170.80p |
| Volume | 498,036 |
| Shares Issued | 868.80m |
| Market Cap | £1,509.97m |
| Beta | 0.59 |
| RiskGrade | 174 |
| Value |
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| Strong Buy | 6 |
| Buy | 0 |
| Neutral | 0 |
| Sell | 1 |
| Strong Sell | 0 |
| Total | 7 |

| Latest | Previous | |
|---|---|---|
| Final | Final | |
| Ex-Div | 26-Jun-25 | 27-Jun-24 |
| Paid | 25-Jul-25 | 26-Jul-24 |
| Amount | 2.80p | 1.73p |
| Time | Volume / Share Price |
| 16:35 | 10 @ 173.80p |
| 16:35 | 285,803 @ 173.80p |
| 16:35 | 17 @ 173.80p |
| 16:35 | 2,013 @ 173.80p |
| 16:35 | 1,033 @ 173.80p |
| CEO | Alex Whitehouse |
| CFO | Duncan Leggett |
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