date:Nov 02, 2012
trading profit of 8.5m.
Following the completion of the deal, the company would have gained 370m through divestments since March 2012, higher than the 330m mark it planned to reach by June 2014, in line with its new financing arrangements.
In addition, Premier Foods would have lowered approximately 30% of the net debt since June 30 2012, when the company reported a net debt of 1.26m.
Premier Foods chief executive officer Michael Clarke said the company has surpassed the disposal target 20 mo