Premier Foods plc has posted a strong set of financial results for the year ending March 2025, with trading profit up 6% to £187.8m.

The manufacturer, which owns brands including Ambrosia and Mr Kipling, reported a 5% increase in branded product revenue, taking it past £1bn. Profit before tax also rose by 6.5%, from £151.4m to £161.3m.

Sales of key products such as Ambrosia Deluxe, Mr Kipling Signature Bites and Nissin noodles contributed to the positive performance.

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Revenue from new categories increased by 46%, led by the success of Ambrosia porridge pots. The company’s international business also grew by 23%, while acquired brands The Spice Tailor and FUEL10K delivered double-digit sales growth.

Alex Whitehouse, chief executive of Premier Foods, said: “The business has delivered another strong year, with branded revenue growth up 5.2%, exceeding £1bn… Our premiumisation strategy continues to be highly relevant, reflecting the trend for consumers to trade up and treat themselves to ranges such as our Ambrosia Deluxe and Mr Kipling Signature Bites, both of which delivered very strong revenue growth this year.”

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