Premier Foods (PFD)

Sector:

Food

Index:

FTSE 250

184.20p
   
  • Change Today:
      1.60p
  • 52 Week High: 193.60
  • 52 Week Low: 128.00
  • Currency: UK Pounds
  • Shares Issued: 868.80m
  • Volume: 380,030
  • Market Cap: £1,600.32m
  • RiskGrade: 174
  • Beta: 1.06

Dividend Data

  30-Mar-2401-Apr-2330-Mar-2302-Apr-2203-Apr-21
Total Dividend1.73p1.44pn/a1.20p1.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Mar-24 01-Apr-23 30-Mar-23 02-Apr-22 03-Apr-21
Continuing Operations          
Revenue 1,137.50 1,006.40 1,006.40 900.50 947.00
Operating Profit/(Loss) 177.70 132.20 132.20 131.10 152.60
Net Interest (26.30) (19.80) (19.80) (28.50) (29.80)
Profit Before Tax 151.40 112.40 112.40 102.60 122.80
Profit After Tax 112.50 91.60 91.60 77.50 106.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 112.50 91.60 91.60 77.50 106.00
Attributable to:          
Equity Holders of Parent Company 112.50 91.60 91.60 77.50 106.00
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 13.00p 10.60p 10.60p 9.00p 12.50p
Earnings per Share - Diluted 12.70p 10.40p 10.40p 8.80p 12.20p
Earnings per Share - Adjusted 13.70p 12.90p 12.90p 11.50p 11.20p
Continuing and Discontinued EPS          
Earnings per Share - Basic 13.00p 10.60p 10.60p 9.00p 12.50p
Earnings per Share - Diluted 12.70p 10.40p 10.40p 8.80p 12.20p
Earnings per Share - Adjusted 13.70p 12.90p 12.90p 8.80p 11.20p
           
Dividend per Share 1.73p 1.44p 1.44p 1.20p 1.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Mar-24 01-Apr-23 30-Mar-23 02-Apr-22 03-Apr-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 190.40 185.90 185.90 190.90 192.10
Intangible Assets 992.30 974.70 974.70 939.50 963.20
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 832.40 982.50 982.50 1,171.80 963.10
  2,015.10 2,143.10 2,143.10 2,302.20 2,118.40
Current Assets          
Inventories 98.90 93.70 93.70 78.10 68.80
Trade & Other Receivables 115.70 103.90 103.90 96.50 83.40
Cash at Bank & in Hand 102.30 64.40 64.40 54.30 4.20
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a 0.80 0.80 2.40 0.10
  316.90 262.80 262.80 231.30 156.50
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,332.00 2,405.90 2,405.90 2,533.50 2,274.90
           
Liabilities          
Current Liabilities          
Borrowings 2.70 3.10 3.10 2.40 5.40
Other Current Liabilities 275.60 269.20 13.80 256.30 258.30
  278.30 272.30 16.90 258.70 263.70
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 335.20 335.60 335.60 337.20 331.50
Provisions 160.20 184.50 184.50 221.20 94.20
Other Non-Current Liabilities 231.40 207.50 207.50 209.50 401.90
  726.80 727.60 727.60 767.90 827.60
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,005.10 999.90 999.90 1,026.60 1,091.30
           
Net Assets 1,326.90 1,406.00 1,406.00 1,506.90 1,183.60
           
Capital & Reserves          
Share Capital 86.90 86.80 86.80 86.30 85.50
Share Premium Account 2.70 2.50 2.50 1.50 0.60
Other Reserves 342.40 342.40 342.40 342.40 342.40
Retained Earnings 894.90 974.30 974.30 1,076.70 755.10
Shareholders Funds 1,326.90 1,406.00 1,406.00 1,506.90 1,183.60
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,326.90 1,406.00 1,406.00 1,506.90 1,183.60
Cash Flow 30-Mar-24 01-Apr-23 30-Mar-23 02-Apr-22 03-Apr-21
Net Cash Flow From Operating Activities 121.70 87.20 87.20 90.10 85.60
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (62.10) (63.80) (63.80) (23.20) 13.80
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (20.70) (14.30) (14.30) (13.70) (276.20)
Net Increase/Decrease In Cash 38.90 9.10 9.10 53.20 (176.80)
Ratios - based on IFRS 30-Mar-24 01-Apr-23 30-Mar-23 02-Apr-22 03-Apr-21
Continuing Operations          
PE Ratio - Adjusted 10.9 9.5 9.5 10.1 8.4
PEG - Adjusted 1.8 n/a 0.8 3.4 0.3
Earnings per Share Growth - Adjusted 6% n/a 12% 3% 26%
Dividend Cover 7.93 8.96 8.96 9.58 11.20
Revenue per Share 131.90p 21,326.99p 117.83p 104.86p 1.12p
Pre-Tax Profit per Share 17.56p 2,381.91p 13.16p 11.95p 0.15p
Operating Margin 15.62% 13.14% 13.14% 14.56% 16.11%
Return on Capital Employed 21.34% 2,527.66% 13.96% 11.62% 0.24%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 10.9 0.1 9.4 13.1 836.6
PEG - Adjusted n/a 0.0 0.2 0.0 n/a
Earnings per Share Growth - Adjusted -99% 18,000% 48% 7,683% -99%
Dividend Cover 7.93 1,634.90 9.03 7.33 0.11
           
Dividend Yield 1.2% 1.2% 1.2% 1.0% 1.1%
Dividend per Share Growth 20.00% n/a 20.00% 20.00% n/a
Operating Cash Flow per Share 14.11p 10.12p 10.12p 10.49p 10.05p
Cash Incr/Decr per Share 4.51p 192.84p 1.06p 6.20p (0.21p)
Net Asset Value per Share (exc. Intangibles) 38.80p 50.08p 50.08p 66.07p 25.89p
Net Gearing 17.76% 19.51% 19.51% 18.93% 28.11%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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