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 | 188.60p |
Change Today | -0.60p |
% Change | -0.32 % |
52 Week High | 214.50p |
52 Week Low | 173.60p |
Volume | 1,952,619 |
Shares Issued | 868.80m |
Market Cap | £1,638.55m |
RiskGrade | 174 |
Value |
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Income |
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Growth |
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Strong Buy | 5 |
Buy | 0 |
Neutral | 0 |
Sell | 1 |
Strong Sell | 0 |
Total | 6 |
Latest | Previous | |
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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 |
15:14 | 0 @ 189.60p |
16:10 | 676,532 @ 195.60p |
16:10 | 676,532 @ 195.60p |
16:35 | 246,403 @ 188.60p |
16:35 | 330 @ 188.60p |
CEO | Alex Whitehouse |
CFO | Duncan Leggett |
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